New Jersey Angles To Become Global Dispute Resolution Hub
By Caroline Simson (October 21, 2016, 12:50 PM EDT) -- New Jersey is set to enact legislation that would allow businesses to enforce settlements reached in mediation worldwide just as they would an arbitral award, a move that experts say is a nod to the increasing popularity of mediation as an alternative to costly and time-consuming international arbitration.
The New Jersey International Arbitration, Mediation and Conciliation Act, which was passed by the New Jersey Senate 33-0 last month and made its way without incident through a state Assembly panel earlier this month, would create a framework for certain nonprofit groups to establish centers that would facilitate the resolution of international business...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!