Monthly Archives: February 2015

Business Divorces

Business divorces are necessary when the parties that own a business decide to part ways, often because a dispute has arisen. There are a variety of ways to end a business relationship, but the owners often disagree on what solution is the best alternative. Dissolutions, accountings, shareholder derivative actions, and limited liability company lawsuits are a few examples of how business relationships may come to an end. Instead of spending years fighting over the end of the business relationship in court, the parties may elect to use alternative methods of dispute resolution. Mediation is an excellent resource for resolving business... Read More

Contract Disputes

Contract disputes come in many shapes and sizes. These disputes arise in many different areas of law, such as construction law and business law. They occur between both individuals and corporations. However, no matter what the nature of the dispute may be, contract disputes have been resolved with great success by using mediation. For parties whose relationship needs to remain as cordial as possible, mediation is an excellent solution for contract disputes. Since mediation brings the parties together to actively find solutions to their dispute, the parties’ relationship is typically preserved since the process is focused on a resolution rather... Read More

What You Need to Know About “Alternative Dispute Resolution” in Corporate Bankruptcies

Bankruptcy cases, especially those involving business or corporations, can take years to finalize as the entities are restructured and assets are distributed. It is not unusual for many parties to be involved in bankruptcy proceedings, further adding to the complexity of the case. Bankruptcy courts are often backlogged due to the lengthiness of these trials. Alternative dispute resolution is gaining popularity in corporate bankruptcy cases. Alternative dispute resolution often provides faster, more efficient solutions; keeps the case in the hands of the parties; and reduces expenses. Both mediation and arbitration offer multiple benefits in corporate bankruptcy cases. For parties that... Read More

Resolve Your Contract Dispute Using Alternative Dispute Resolution

Resolving contract disputes in the courtroom has many disadvantages. When scheduling a trial, court dockets may not have any openings available for many months or even a couple of years. After a trial has been scheduled, it may be delayed for multiple reasons, such as scheduling conflicts, attorney illness, or witness unavailability. A judge is only able to offer certain solutions to the parties, often leaving them frustrated after trial. In addition, courtroom litigation is very expensive for all involved. Therefore, many attorneys and their clients are turning to alternative dispute resolution to resolve their contract disputes. Mediation has been... Read More