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Our client, a media owner in Latin America, received a $325 million award through arbitration. He owned a large share in a sizable business venture, and the majority owner was accused of fraud in the manner that he sold the business. As part of the arbitration, our client received his share of the business sale and all litigation was dismissed.
Doing business in today’s complex global economy requires careful planning, sound business practices, and ongoing awareness. Even so, there is no guarantee of being able to avoid legal pitfalls. When business disputes arise between global corporations, it nearly always involves a combination of arbitration and litigation, often in multiple jurisdictions.
Our alternative dispute resolution attorneys at Colson Hicks Eidson have a quarter-century of experience representing clients in local, national, and international arbitration proceedings. Thus, we offer clients a combination of courtroom knowledge and a comprehensive understanding of domestic and international arbitration to resolve complex business and contract disputes.
When you are dealing with litigation of any form, and you are hoping to avoid a long and drawn-out court battle, alternative dispute resolution may be a good option for you. There are many techniques available for parties who have otherwise been unable to settle their differences. Some of the more common types of alternative dispute resolution options that may be available to you include:
Arbitration is one of the more common types of alternative dispute resolution. This legal technique is designed to resolve disputes outside of the court system while producing a legally binding decision made by the arbitrator hearing the case.
Arbitrators will listen to both parties argue their case, conduct hearings, and act as an impartial party who can help offer alternative suggestions and issue a determination of judgment in your case.
Collaborative law is designed to help both parties obtain their desired outcomes without having to worry about having their case brought through a difficult litigation process. Many individuals interested in this type of alternative dispute resolution are dealing with complicated family law matters, including child custody issues, child support issues disputes between parents, premarital agreements, and even divorce.
Through collaborative law efforts, disputes can be resolved and meet both parties’ individual needs. You will need to retain an attorney who is well-versed in collaborative law and willing to help you work with the other involved party so the risk of going to court is minimal.
Mediation is often one of the more preferred types of alternative dispute resolution. Here, instead of working to obtain a favorable outcome for both parties, you are hoping to maintain control of the situation as much as possible as opposed to accepting demands from the other party that you are unwilling to meet.
If your alternative dispute resolution option is to go through mediation, you can expect a certified mediator to listen to both parties argue their case.
Depending on the type of legal matter you are dealing with, multiple parties may have the opportunity to participate in your mediation process. This might include court officials, workplace representatives, local organizations, community leaders, and more.
Mediators do not have the authority to implement legally binding decisions. All they can do is help you in the other involved party come to agreeable terms that can be finalized within the court system.
Our alternative dispute resolution lawyers’ cases take them across the country and around the world to resolve complex disputes. Contact us today to find out how we can resolve your legal conflict.
When you are interested in alternative dispute resolution but want to be sure to protect your interests, make sure you have an experienced alternative dispute resolution attorney at Colson Hicks Eidson advocating for your rights.
Fill out our convenient contact form or give our office a call at 305-476-7400 to find out more about which dispute resolution services may be available to you.
