Definition
Specialized courts that handle complicated business and technology cases involving disputes over commercial matters that arise between commercial enterprises. The objective of business courts is to improve the quality of decisions made in business litigation by increasing the consistency, predictability and accuracy of the application of principles of business law to specific disputes. Business courts also seek to enhance the efficiency with which business disputes are resolved by focusing on early settlement, alternative dispute resolution (ADR), streamlining procedures and, in many jurisdictions, utilizing technology to reduce cost and expedite resolution of the matter.
URL Name
FC-8200-8100-100
Third Level Code
FC-8200
Taxonomy Code
FC-8200.8100-100
Parent Code
FC-8200.8100
Family Code
F
Second Level Code
FC
Fifth Level Code
FC-8200-8100-100
Fourth Level Code
FC-8200-8100
Use References
Commercial Courts
Publication Status
Draft