What is the purpose of a mediator in matters relating to public health, civil rights, class actions, criminal justice and intellectual properties? To make sure the job gets done. Following the intricacies of local and nationwide laws each and every time despite the difference in grievances can be a difficult task for anyone, which has led to an entire field that revolves around simple arbitration. If you’re a business that has been confronted by unhappy customers or an individual that wants to protect their intellectual property, an alternative dispute resolution is needed to reach a fair conclusion.
Learn more about the function of an experienced mediator below and why you will need their help moving forward.
Bankrupty is a common issue that affects more and more people every year. It involves the surrendering of assets and property in light of serious debt, that of which sees a variety of sources. One of the most common is from medical bills, though student loans and business failure also contribute to these rates. It’s thought around 90% of Chapter 11 debtors have less than $10 million in assets as well as less than 50 or fewer employees.
Contrary to popular belief, companies are facing fewer and fewer bankruptcies these past few years. They comprise only around 3% of bankruptcy filings in any given year, with the majority coming from small businesses and individuals. Nonetheless, a bankruptcy substantive needs to be done as throughly as possible to give you a better start toward the future. Let a bankruptcy attorney help you with the necessary paperwork so you can start off with a clean slate.
More and more customers are becoming environmentally conscientious. They are beginning to expect a similar approach from the businesses they support, leading to more grievances taken with companies that contribute to poor environmental quality. A recent study saw 40% of Americans actively worried about indoor and outdoor air quality and its effect on their health. Similar concerns have also been raised about sulfur oxides, methane emission, refrigerants, radon gas exposure and more.
What can be done about this? This is where class actions are often taken. It’s estimated as many as 5,000 lives could be saved per year, perhaps even more, by reducing the amount of pollution produced by industrial plants. This carries over into water quality, as well. More than one-third of all counties in the lower 48 states have been facing higher risks of water shortages due to global warming. Corporate and securities law fares better for everyone across the board when surveyed by a professional mediator.
It’s important to remember that, with the exception of any extent modified by parties, class actions are generally handled by FedArb Arbitrators or Panels in the same manner they are handled under the FRCP 23. This includes certification, notice and settlement. While nearly 12% of federal civil court cases would go to trial back in the 1960′s, experts are saying that the percentage of civil cases that go to courts nowadays are around 1%.
Corporate and securities law is at its best when it closely follows each and every law on its way to a satisfying conclusion. Whether you are considering bankruptcy or need advice on commercial litigations, a corporate and securities law mediator can help.