Mayhall Fondren Blaize

April 2017 Archives

Crude oil supply contracts may get mired in business litigation

Disputes over crude supply contracts are a mainstay of the oil and gas industry in Louisiana and other states. It is not that every contract goes bad, but the literal volatility of the industry often creates situations that may not have been fully considered prior to the fact. In business litigation over such contracts, misinterpretation of the provisions may often occur based on the natural attempt of the parties to mold the meaning to their desired outcome.

Mediation may be used where business litigation is unnecessary

Many business in Louisiana and other states are turning to mediation as an alternative to deciding disputes through traditional court litigation. The expenses and long timelines make business litigation a last resort for most prudent business enterprises. Mediation is a form of alternative dispute resolution that is designed to be an informal process in which a neutral mediator tries to guide the parties to a settlement without the use of compulsion.