Ways to Settle a Commercial Litigation
Business and partnerships can turn sour at any moment due to breaching of contracts known as broken or failed promises. And this may lead to commercial litigation or contract agreement disputes. There have been many ideas arising about cowering space being the future of offices.
Although cowering is still in its initial phase. Everything will depend on how positive the outcomes will be related to productivity and innovation as per lawyers in Sharjah.
What is Commercial litigation?
Partnerships in businesses generally involve promises to deliver service. Or product in exchange for money or some other similar considerations. When either party fails to keep the promise, then the other may enforce the agreement or contract by filing a civil lawsuit.
It is always better that you negotiate terms with your contractor before planning to take legal action. You need to point out the specific areas where you think that contractor has done wrong. Many of the disputes are mere because of miscommunication and misunderstanding.
Discuss with the contractor about the remedy actions that need to be taken to normalize the situation and see what he responds.
Mediation is nothing but a more legalized and structured form of negotiation. It is overseen by a third-party or independent person called a mediator. This is the next step if you fail to reach an agreement.
A mediator helps in identifying issues from both parties, as it has a fresh view of the dispute. This may help in resolving the matter and coming to a satisfactory agreement. A mediator is generally a judge or a senior attorney as per lawyers in Sharjah.
This is the next stage of mediation. In mediation, the control is in the hands of both parties, but in arbitration, the control goes to the third party as an impartial one to take final decisions. Arbitration along with negotiation and mediation are parts of the alternative dispute resolution (ADR) process.
This step is normally involved in such situations wherein the ability of parties to negotiate has been exhausted.
Therefore, if you want to settle commercial litigation, it is better to keep these points in mind. Moreover, you can seek legal help in the UAE. Lawyers in Sharjah are the best choice in this regard.
Luckily, they are available all over the UAE. They provide their services in Ajman, Fujairah, Abu Dhabi, and Dubai as well.