Avoiding commercial disputes

Paying taxes and dying always score pretty highly on a list of life´s unpleasant certainties. For many, business disputes with suppliers, customers, employees, and fellow directors are just as likely and almost as distressing. The key difference here is that, unlike death and contributing towards the country´s bank balance, commercial litigation is something that businesses can take significant steps to avoid. The article investigates some of the reasons why disputes can escalate into full-blown commercial litigation and how they can be minimised. The key to this is formal documentation, which makes sure all parties are in no doubt as to the terms and conditions of their commercial relationship.