Copyright © Baldwins
1998-2006
Fighting Business Disputes
June 2000
There are legal risks in relation to most business relationships. These can be minimised with suitable documents when the venture commences.
If documentation is inadequate, the disputants may be forced to rely on different interpretations of the facts to constitute the best case in a claim for breach of contract or breach of fiduciary duty or breach of trust. A dispute might not be resolved quickly if the competing monetary claims are too far apart and cannot be compromised, or if intervening events (such as insolvency of one party or involvement by a third party) has complicated the action for a suitable remedy.
Legal documents can define the rights and obligations of the parties, such as:
For further information, contact Sam Recht at BALDWINS, Australian Lawyers & Consultants.
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