Resolve Your Commercial Dispute
Business transactions involving parties from two or more countries present unique issues when a dispute arises between the parties.
Careful analysis of the situation is required, which can include:
- A review of the agreement to see if the issue of dispute
resolution is addressed;
- If a Dispute Resolution clause is included in the agreement,
will it be respected by designated forum?;
- Assuming litigation is specified, would a judgment be enforced
by the courts in the other country?;
- When a contract does not address this issue (or when there is
no written agreement), what alternatives are there, aside from
litigation?;
- What is the likelihood of prevailing in any proceeding?
- How long might the process take?
- What are the potential costs?;
- If you prevail in the action, does the other party have the ability to
perform or pay? If so, how would the judgment or award be
enforced?; and,
- Would it be favorable to amicably resolve the matter in the interest
of future business relations with the other party?