Orlando Business Contract Dispute Mediators For Fair, Equitable and Efficient Resolution
A business contract dispute can easily put a stop to your business operations. Time, energy, focus, and resources that should be spent managing and growing your business are now diverted to resolving your legal matter. If the subject of the contract was for essential services or materials, your business may not be able to function until replacement services and/or parts are secured.
Disruptions caused by business contract disputes must be resolved quickly and your business operations resumed in order to have the least significant impact on your bottom line. Feldman Mediation & Arbitration Services can assist you in doing this.
Common Issues in Orlando Business Contract Disputes
A contract dispute may erupt between a business and its customer or, more commonly, between another business. Contracts are supposed to provide clarity in how the parties are supposed to act in regards to one another and what legal remedies one party is entitled to when the other party fails to hold up its end of the bargain. However, ambiguities in the contract lead to disputes when:
- The contract is not in writing. Verbal contracts are enforceable – if you can prove what the contents of the contract where. This can be extremely difficult when a verbal contract entered into over lunch requires you to produce 5,000 units of product (your recollection) but the other party to the contract remembers the agreement was for 50,000 units.
- The contract does not specify an important term. Contracts must be sufficiently definite so that a court or other third party reading or hearing the contract knows the essential elements of the agreement (otherwise, the contract may not even be legally enforceable). In Florida, an Orlando contract that contains the essential elements of the agreement but that does not discuss a situation with which the parties are now faced may have the missing elements filled with “boilerplate” terms or may need to be renegotiated. Until the parties agree on how their operations should proceed, the contractual relationship has reached a standstill.
- The contract seems unfair or unconscionable. Parties are generally bound by the terms of the contracts they create. However, a contract in which one party overpowered or took advantage of the other during negotiations may not be enforceable.
Mediation and arbitration are great alternatives to litigation for contractual disputes because both parties are generally desirous of resolving their disagreement quickly so they can return to their business’s operations.
Feldman Mediation & Arbitration Services is Your Orlando ADR Firm
At Feldman Mediation & Arbitration Services, we are your Orlando ADR firm and we are able to provide professional alternative dispute resolution services to parties embroiled in a business contract dispute. Let us assist you in finding a better, more cost-effective solution to your disagreement other than litigation – the time and resources spent arguing your cases in court are better used for accomplishing your business objectives. Reach out to Feldman Mediation & Arbitration Services and learn more about how we can help you resolve your Orlando contract dispute quickly and efficiently.