What is the process for resolving business disputes?

In Hawaii, business disputes are resolved through the court system. The process for resolving a business dispute starts with filing a lawsuit in the appropriate court. A business dispute may involve either a civil lawsuit or a criminal lawsuit. In civil lawsuits, a business dispute can be resolved through either mediation or arbitration. In mediation, a neutral third party mediator helps the disputing parties reach a mutually beneficial agreement. If the parties cannot agree on a resolution, then the case may proceed to arbitration. In arbitration, a neutral third party arbitrator listens to both sides present their case and then makes a decision on how to resolve the dispute. If the dispute cannot be resolved through mediation or arbitration, then the case may proceed to trial. During the trial, both sides present their evidence and arguments, and the judge or jury makes a decision on the outcome of the dispute. After the trial, the judge or jury will enter a judgment, which outlines their decision and the remedies for the dispute. To help avoid disputes in the first place, small business owners can take steps to ensure that their business contracts are clear and comprehensive. This includes hiring a qualified attorney to review any contracts in place. Small business owners should also document any actions taken by either party and maintain clear records of important business transactions. Following these steps can be helpful in avoiding business disputes and resolving them quickly if they do arise.

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What is the process for resolving business disputes?

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