July 17, 2017

How to Make Arbitration Work in Disputes With Your Bank – The Consumer Financial Protection Bureau finalized a new rule this week making it easier for consumers to join class-action lawsuits to fight alleged wrongdoing by financial institutions. But the regulation isn’t retroactive, so most consumers are stuck with the arbitration requirement they agreed to in their original service contract.

U.S. mortgage quality improves, but foreclosures on the rise – WASHINGTON (Reuters) – More Americans were keeping up with their mortgages at the beginning of 2017 but the number of foreclosures is also on the rise, a government report said on Thursday.

November 28, 2016

For Healthcare, Cloud Computing Comes In Measured Doses – Despite intense concerns about data and HIPAA rules, the cloud is poised to become a big part of healthcare. But much of it is likely to remain on-premises or private clouds, with some reliance on the public kind.

5 strategies to reduce malpractice lawsuit threats – When it comes to getting sued for medical malpractice, it is unfortunately more a case of “when” than “if.”

Resolving Disputes Related to Trusts and Estates with Arbitration

Trust and estate arbitration is not only efficient and affordable; it also provides a number of other benefits. Trust and estate disputes are becoming increasingly common, and because they involve the affairs and wealth of a family, those involved must tread carefully. Disputes can arise due to the trustees’ relationships with third parties or beneficiaries, as well as from the relationships of beneficiaries themselves. By using arbitration to settle these contentious family legal disputes, everyone involved receives a controlled outcome without the disadvantages of taking their family matters into the courtroom.

Litigation is rarely viewed as the automatic best option to settle legal disputes anymore, especially when a dispute involves sensitive family matters. The process is expensive and emotionally draining, and it can tear apart families in an effort to resolve a matter. In addition to the damage litigation can cause, it is also a very public process.

Arbitration removes this public aspect and offers a process by which to settle trust and estate disputes that are private. The complex personal and emotional issues that are part of the discussion do not become part of the public record and are not discussed in the courtroom. This avoids a great deal of the embarrassment and other complex emotions that run rampant in families, and avoids the so-called airing of dirty laundry that is so often a problem when resolving personal matters in a public venue.

The trust and estate industry is considering making arbitration the go-to means by which to settle disputes, but until the final decision is made, individuals involved in trust disputes can pursue arbitration on their own, especially if they are looking for an efficient, respectful way to settle their issue.

March 30, 2015

In Defense Of Business Jargon In Healthcare – It’s fashionable – and beyond that, irresistible — to mock the increased use of business-speak in healthcare, and seems almost heretical to defend, or even explain, this practice.  Nevertheless, I’d like to give it a shot.

Interest in Bitcoin Grows on Wall Street – Amid a slew of deals involving prominent finance and tech companies lie signs that the U.S. business establishment is exploring innovative new enterprise uses for digital currencies. They are making early, tentative bets that the so-called blockchain-ledger technology behind bitcoin might one day transform how banks, businesses and even smart appliances circulate money, assets and sensitive data around the world.

February 18, 2015

Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap? – Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, publicly-owned banks on both sides of the oceans might wind up getting sued for unfair competition because they have advantages not available to private banks.

6 ways to reduce business premises liability – When a customer enters any place of business, it is usually to consider the goods or services offered for sale. Suppose Susie enters Trudy’s Exotic Emporium, a store offering many unique and some exotic products. Walking down an aisle she slips and falls, injuring herself. Is the owner of the business liable to her for the injuries she has sustained?