Most people have watched a witness stand, raise their right hand, and state the oath in the courtroom before giving their testimony, either in person or by watching a show about the court. A lot of people could probably recite the oath from memory as well. Yet many people may not understand the purpose of …
Benefitting from Business Trusts When considering a trust for a business, an entrepreneur may have questions such as who are the sole beneficiaries and the trustees of a business trust. Trusts come with a whole host of new languages and considerations that need to be made. Placing a business in a trust can be beneficial …
A common question in insurance issues concerns what an insurance dispute is and if it fits their situation. Dealing with insurance can often be a pain, and when an insurance claim goes wrong, people may wonder how to recover from the denial or other agreement that does not match what the policyholder hoped for. Insurance …
When arbitration is all said and done, there is always going to be a party who feels like they lost the arbitration. This party will often need to consider what happens when they lose and whether there is anything they can do to contest the award. Arbitration is often the end of the road because …
Legal spending by corporations will almost certainly continue to tighten in 2022. The days of unlimited corporate legal budgets have been gone for some time, as companies have worked to rein in their legal spending in the face of skyrocketing costs. These efforts have taken many forms. The key to many of the cost-cutting measures …
As practitioners of alternative dispute resolution, we compare our methods to litigation, often without pausing to describe what it means to litigate a dispute. Litigation is often the alternative to dispute resolution because it is the default forum to resolve a dispute in the United States and many places around the world. It is what …
When bringing a lawsuit, the parties may need the term locus standi clarified. The term is thrown around in a legal context often, but the definition is rarely discussed outside of first-year law school classes except by the occasional legal opinion that deals with the concept. Yet having locus standi is the foundation of bringing …
Well, you’re fed up with waiting. You’re finally ready to file that breach of contract suit against what used to be your best customer. They have been stringing you along, but you have had it. Or maybe you just got a nasty letter in the mail telling you the people who bought your house weren’t …
The New York Arbitration Convention is the leading piece of international law governing the enforcement of arbitral awards internationally. Every arbitration award that has been granted from one foreign state to another has likely interacted with the New York Convention in some way. Formally called the Convention on the Recognition and Enforcement of Foreign Arbitral …
The Court of Arbitration for Sport is also known as the Supreme Court for sport. Known for anti-doping cases and the official court of disputes related to the Olympic games, the Court is a newer concept set up to handle disputes that are related to sports around the world. Most countries around the world have …