Alternative Dispute Resolution (ADR): A Catalyst for Sustainable Solutions in Corporate Distress

In corporate dynamics, conflicts and disputes are inevitable. When financial distress engulfs a company, there are legal complexities that exacerbate the distress, and this may lead to protracted litigation, financial drain, and complete shutdown of the company. Alternative Dispute Resolution (ADR), if effectively used, can be a beacon of hope, fostering timely, collaborative, and efficient resolutions to corporate distress. ADR whether through arbitration, mediation or negotiation can help companies navigate complex legal tangles, mitigate risks, and foster sustainable solutions that may not be available in traditional litigation.

Read More