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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

The Sensible Means for Resolving Contract Disputes

Contracts are complex documents designed to help all applicable parties understand what is expected, time constraints, and privacy information. Well-executed contracts also include verbiage regarding the management of disputes if such should occur. Managing complex contract disputes does not have to be a lengthy, expensive, and exhausting process. Florida law allows parties to a contract the ability to choose alternative dispute resolution (ADR) options, such as mediation, to resolve conflict in a consensual manner. Mediation is a sensible means for resolving contract disputes that often results in a win-win situation for both parties. By working together, mediators and attorneys are... Read More

ADR to Resolve Contract Disputes

Alternative dispute resolution (ADR) is an excellent choice for resolving contract disputes outside of a courtroom. With ADR, the parties involved in the dispute have the option of negotiating a resolution that is agreeable to both parties. Common forms of ADR include mediation and arbitration. Both of these options allow the individuals involved in the dispute, and their attorneys, the ability to privately discuss the contract and dispute, and find an agreeable outcome. Unlike a trial, mediation is not conducted before public spectators, the media, or uninvolved parties. With mediation, the mediator serves as a guide, but does not have... Read More

Equitable Remedies Available in Business Contract Disputes

When a contract is breached or disputed, the complex nature of the document is challenged, and all parties involved are tasked with finding resolution. One of the most debated and complex aspects of contract disputes are the remedies that may be available. Clients involved in a contract dispute often are mistaken about what forms of damages or remedies they may qualify for. It is crucial to a successful resolution for the mediator and attorneys to carefully navigate the process of identifying which means of resolution is best and most applicable to the case. In Florida, there are three primary forms... Read More