Agreement Disputes in Commercial Court
Agreement disputes arise between companies and individual entrepreneurs concerning issues related to the violation, fulfillment, or termination of their agreements. This could refer to a lease (or sublet), sale-purchase, merchandise supply, services, or construction works agreement.
It goes without saying that agreement disputes in court must be resolved on the basis of legality, justice between the parties, adversariality, and openness.
The primary aspects to be taken into account in resolving such disputes:
- Preparation of documents and evidence: At this stage, all existing documents must be collected confirming the conclusion and fulfillment of the agreement as well as other evidence that may impact the outcome of the case. It’s important to keep in mind that providing incomplete or inaccurate information may lead to the lawsuit being thrown out.
- Determination of competence and jurisdiction: In terms of approaching which commercial court to submit a lawsuit to, one must use the provisions of the Commercial Procedure Code as one's guide.
- The write-up of the lawsuit: The lawsuit must be written up in accordance with the requirements stated by law as well as contain the necessary details and appendices. It must indicate the basis for submitting the lawsuit, account for the specific requirements, and feature documents attached confirming the claims.
- Participating in court hearings: Participation in court hearings whereby the parties are able to present their arguments, file petitions, and call witnesses and experts is an important stage. How proficiently the process is conducted will determine the outcome of the case.
- Appealing court rulings: If a party disagrees with the issued ruling, it has the right to appeal it to a higher-standing commercial court. To that end, the party will need to prepare a petition for an appeal or cassation and indicate in it all the major violations that the first instance court committed.
- Execution of the court ruling: After a ruling enters into legal force, it is subject to mandatory execution. Failure to observe a court ruling will entail consequences in the form of a fine, property arrest, or criminal charges.
- Settlement agreement: During the court process, the parties have the ability to conclude a settlement agreement envisaging acquiescences to each other and termination of the dispute under specific terms.
In conclusion, it's important to note that resolution of agreement disputes requires a professional approach, knowledge of the law and court practice, as well as the ability to defend one's position in court. One cannot do without qualified legal assistance: commercial court is definitely not the place where the filer can afford to act at their own discretion.