BUSINESS AND COMMERCIAL DISPUTE

An inevitable reality that investors must encounter during their business investment is disputes might arise from relationships with partners/customers. These disputes often arise when there is a conflict of interests of the parties, mainly because one of the parties or many parties fails to perform or perform improperly obligations. The restriction and stable settlement of commercial disputes will help businesses develop sustainably, making business operations and investment safe and effective. In many cases, the correct handling of disputes can help businesses escape the risk of bankruptcy or heavy economic damage.

Penfield is ready to be a protector and a solid shield for clients when the above disputes arise. Services that Penfield provides include consulting, assisting clients in dispute resolution through one of the following methods: negotiation, mediation, arbitration, court, specifically as follows:

• Advising on on solutions to resolve disputes arising in business and commercial activities with a view to secure the legitimate rights & interests of clients;
• Representing clients to work directly with the other party to seek a common agreement, negotiating the conditions for dispute resolution through negotiation/conciliation;
• Advising on settlement plans, representing clients in implementing proceedings at the arbitration body (Arbitration, People’s Court …) if the Parties decide to resolve the dispute at the competent procedural agencies;
• Requesting for recognition and enforcement in Vietnam of foreign courts’ business or commercial judgments or decisions or not to recognize foreign court judgments or decisions on business or commerce without enforcement request in Vietnam;

Requesting for recognition and enforcement in Vietnam of foreign arbitration business and commercial decisions.