Working with a Commercial Disputes Lawyer in Atlanta GA
If you’re involved in a commercial dispute, you may know your rights and how to protect your business or company. Get more information from a lawyer now.
What is a Commercial Dispute?
A commercial dispute is a disagreement between two or more parties about a business transaction, such as the supply of goods/services or any other business transaction.
This type of dispute can quickly occur in a business partnership or corporation. Sometimes parties in conflict resort to commercial litigation to resolve their differences. Commercial litigation aims to resolve a commercial dispute through the court system or alternative dispute resolution processes.
Contact our skilled business attorney in Atlanta at the Chouhan Law Firm, LLC to better understand what happens in a commercial dispute case and how you can best prepare to win the dispute.
Resolving Commercial Disputes
Businesses plan their transactions on agreeable terms with the other parties to the contract. However, disagreement can arise at any point before a contract is terminated. From contract violations to intellectual property infringement, such disagreement creates legal conflict and forms the basis of a commercial dispute.
A few examples of general commercial disputes are
- Insurance coverage disputes
- Securities litigation
- Fail to perform contractual obligations
- Bankruptcy litigation
- Joint venture disputes
- International arbitration
- Business torts
- Class action lawsuits
- Aviation disputes
- Debtor or creditor actions
Commercial disputes are not easy to handle and would require you to consult with a lawyer who understands corporate law and the litigation process.
What Are the Main Methods of Resolving Commercial Disputes?
The primary method of resolving the commercial dispute is by litigation and trial, where a judge or jury resolves the dispute based on the evidence presented in court.
Other methods of resolving commercial disputes are negotiation, arbitration, and mediation. These methods are known as alternative dispute resolution or ADR.
A dispute resolution lawyer should be skilled in commercial and corporate laws as well as commercial and corporate litigation processes.
Commercial litigation refers to legal practice and dispute resolution methods for issues relating to business operations or transactions. In contrast, corporate litigation is the legal practice relating to the governance and regulations that a corporate must follow.
At The Chouhan Law Firm, LLC, we have a dedicated commercial litigation practice. Our commercial disputes attorneys are skilled and have the legal knowledge to assist you in commercial and corporate litigation.
Commercial Disputes Resolution Methods
Commercial arbitration is an effective method of dispute settlement between business entities that is well-known for being cheaper, faster, and less formal than other methods.
Georgia’s arbitration act OCGA §§ 9-9-1 allows business owners to choose procedural aspects and prevent courts from interfering. Both parties hold equal rights to present themselves and delegate the right to a third-party arbitrator for dispute resolution.
The arbitral tribunal is independent in its activities but is entitled to follow the arbitration proceedings determined by both parties. The arbitral tribunal can also establish the proceeding terms in compliance with the Georgia Law of Arbitration requirements. Moreover, the court is not allowed to intervene in legal relations of arbitration.
Though arbitration is a good option for commercial dispute resolution, you must find and understand what it is about before proceeding. Hiring a skilled business dispute resolution attorney can help you understand the process’s advantages and disadvantages.
Commercial Disputes Attorney
If you are dealing with a commercial dispute and want to resolve it for good, working with a commercial dispute attorney might provide you with the help you need.
Your attorney can help you understand the case and work out options to resolve your dispute. Contact us for a confidential consultation of your dispute to find out more.