If a lawsuit involving your business has surfaced, you need to familiarize yourself with various legal issues related to commercial litigation and take steps to safeguard your interests. Aside from reviewing the details of the case and determining the best path forward, you need to prepare for a hearing.
If you cannot resolve a dispute out of court, you have to prepare for litigation and should understand various requirements and topics related to the proceeding, such as hearings.
Commercial suits and the date of a hearing
According to the General Court of the Commonwealth of Massachusetts, arbitrators involved in commercial litigation must establish the time and location of a hearing and provide the parties with written notice of the hearing at least five days before the case hearing date. Arbitrators can serve the parties via registered mail or in person. If a party has good cause, they can postpone the hearing.
Commercial disputes and the conduct of a hearing
At a hearing, the parties involved in a commercial dispute have the ability to cross-examine witnesses and share evidence. Hearings involve all arbitrators, although a majority can render final awards. Moreover, if arbitrators fail to act during a hearing, other arbitrators can proceed with the hearing.
When a commercial lawsuit arises, you need to understand what is at stake and identify the best course of action. Try to remain calm and do not let negative emotions (such as anxiety) interfere with your ability to secure a favorable end result. By carefully preparing for court, you could improve your chances of success and minimize the potential repercussions of litigation.
