Have you ever Aware Of The Alternative Ways For International Dispute Resolution?

1. Keyword: International Dispute Resolution Are You Aware Of The Alternative Ways ForInternational Dispute Resolution? The relationship between the franchise and franchisees has many dimensions and each of them is unique and different from others. With time, there are different reasons for which the rights and obligations of the respective parties will be counted. Till now, most of the International Dispute Resolution happens because of operational performance, non-renewal, encroachment, termination and franchise transfer. Depending on the nature of the dispute and the potential damage is going to happen to have an important role. Check out all the possible ways for International Dispute Resolution: • Mediation: This is the most popular way of franchise dispute resolution for the federal trial courts. In this process, the attorney-mediator along with magistrate judge execute the responsibilities. Both the opposition parties come together intending to resolve the differences in the presence of a neutral mediator. This is more like a negotiation session when an independent negotiator who has the intention to compromise and settle for a uniform decision. This is also the most cost-effective way of franchise dispute resolution. • Arbitration: This is another popular way for the International Dispute Resolution which is called as the ‘light courtroom version of litigation’. This is an adversarial process than Mediation wherein the presence of a third party (arbitrator; individual or panel) try to resolute based on arguments and evidence. Both the parties are interested in typically limited discovery. The hearing for the arbitrator must be attended by both the parties where their attorneys will argument and question the witness to find out the support. It requires careful observation and analysis to come to a decision. It is generally less expensive than litigation. • Litigation: When the franchise dispute cannot be solved with the help of mediator or arbitration, then the final way is the litigation for the International Dispute Resolution. For that, you need to take the help of the firm that has the experience of handling the franchise litigation. They will handle the case with the required concentration and attention. In the litigation will have concerns like reveal and termination of the agreement, restrictive covenants, non-compete agreements, breach of good faith, fair dealing, fraud, disclosure, breach of contract, breach of licensing agreement and enforcement of arbitration clauses. In case, both the parties don’t come to a mutual decision, then the only way is to termination of the franchise agreement. When the conflict arises, it is better to consult the attorney as soon as possible.