If it seems to you that the word “arbitration” is increasingly thrown around in news stories, business meetings, commercial purchases, and legal negotiations, you are not alone. In recent years, arbitration has become a widespread tool that is sometimes used for legitimate reasons and is otherwise used to help prevent genuine legal action by individuals and businesses that have been harmed by others. Mandatory arbitration clauses generally seek to limit the scope of legal action that can be taken in the event that a contract is breached or a complaint arises from one of the parties to a contract. Does this sound relatively unjust and more than a little confusing? Don’t worry. An experienced New York, NY commercial litigation lawyer can help to answer your questions.
Arbitration for Breach of Contract
Every arbitration-related situation is a little different, so it is important not to make assumptions about the ways in which arbitration may affect you and/or your business. Sometimes, an experienced New York, NY commercial litigation lawyer can successfully challenge the mandatory nature of an arbitration clause. Other times, arbitration can be an effective means of reaching a desired end. Once you speak with a New York, NY commercial litigation lawyer about your specific questions and circumstances, you will be placed in a better position to make an informed decision about how to proceed.
If you are being affected by a breach of contract situation (either a breach on your part or a breach on the part of another party to a specific contract) arbitration may or may not be the best way to resolve the legal questions at hand. If it is proper to proceed with arbitration, we can help to represent your interests as your case is laid out before a neutral third-party. If it is appropriate to challenge an arbitration clause, we can help you to accomplish that goal (whenever possible) as well. As arbitration agreements may affect everything from building contracts to credit cards, it will not be easy to know how you should proceed until you speak with an experienced New York, NY commercial litigation lawyer and receive necessary guidance and perspective once the context has been established.
Legal Guidance Is Available
If you have questions about arbitration, breach of contract or any other commercial litigation matter, please do not hesitate to speak with a member of the legal team at Okun, Oddo & Babat, P.C. today. We would be happy to answer any questions you may have. Once we understand the specifics of your situation, we can also advise you of any legal options that may currently be available to you. Whether you have questions as a private citizen or as the representative of a business, non-profit or other organization, our experienced New York, New York commercial litigation lawyers are here to help. Speaking with our team does not commit you to taking any action whatsoever; we simply want to make sure that you are empowered to make informed decisions about your situation. We look forward to speaking with you.