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FAQs

What is the best way to avoid a business dispute?

Although it is almost impossible to avoid a business dispute, having a properly drafted agreement in place will help to avoid most disputes and, when a dispute is unavoidable, will often have the effect of reducing the cost and disruption that accompanies the resolution of the dispute. Often, the process of negotiating the shareholder agreement, partnership agreement, supplier agreement, or other agreement will give the parties an opportunity to clearly define their expectations and to understand their obligations. This avoids the misunderstandings that often lead to disputes. It also gives an opportunity to set out direction for the conduct of the dispute, so that it is less disruptive and costly. The best type of agreement is one that is thoroughly negotiated and never used because everyone is aware of the rules and the consequences.

© 2015 Lawrence, Lawrence, Stevenson LLP

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Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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