This post is the third of a 3 post series on Alternative Dispute Resolution. If you haven’t already read parts 1 and 2, I recommend doing so before continuing. Other Online Business Dispute Resolution Programs The APEC online business dispute resolution program, while innovative, is not unique. Several other online business dispute resolution programs are…
This post is the second of a 3 post series on Alternative Dispute Resolution. If you haven’t already read part 1, I recommend doing so before continuing. Future of Alternative Dispute Resolution (continued) According to data submitted by the US to the APEC forum, 2017 will see 942 million e-commerce business disputes. (1) According to…
What is Alternative Dispute Resolution? Alternative Dispute Resolution, or ADR, is a set of practices designed to resolve disputes between individuals as well as businesses without the need for litigation. Since it avoids the courtroom, ADR tends to be faster and cheaper than litigation, and also offers the benefit of confidentiality. There are numerous types…
Business disputes are an unfortunate but inevitable reality. The question is, when a business dispute arises, what is the best way to proceed? When handled poorly, business disputes can destroy reputations as well as companies. Some business disputes are always going to end up in a courtroom. However, in some cases, mediation is a more…
Foreclosure rates reach new low Foreclosure has been in the news a few times lately. First, Black Knight Financial Services released a new report. They found that rates of foreclosure dropped to their lowest level in ten years last month. While this is certainly good news, and a reflection of the recovery we’ve seen in…
The Advantages of Bankruptcy When people discuss bankruptcy, it’s almost always with a negative connotation. They see it as a failure, as something to lament. But what about its advantages? When handled properly, it can be the first step along the path to financial success. Wouldn’t the greater failure be to not declare bankruptcy, and…
Child Custody There are three issues pertaining to child custody in New Mexico – legal custody, physical custody, and visitation. If you need a rundown on the differences between legal and physical custody, head over to our child custody page. Visitation and the Parenting Plan In cases where the court awards one parent sole physical…
This post is part of a two part series on divorce options in New Mexico. If you haven’t already read part 1, I recommend you do so first. Divorce Options Continued Option 3: Divorce Mediation Divorce mediation is another method of divorce that avoids the time and expense of court proceedings. In a mediated divorce,…
No Fault Divorce In New Mexico, we have what is known as unilateral no fault divorce. This means that anyone who wants a divorce can get one, no matter what their reason is or if their spouse also wants the divorce. As long as one party sees irreconcilable differences, the divorce will proceed. It is…
This post is part of a two part series on bankruptcy chapters. If you haven’t already read part 1, I reccomend you do so before continuing. Chapter 11 — Continued The main advantage of Chapter 11 is that no trustee is appointed. Rather, the filer maintains control of their assets or their business throughout the…
Bankruptcy isn’t something anyone wants to go through However, it can be a stepping stone to a future of financial success when handled properly. Bankruptcy is a complex process. Bankruptcies are handled by a federal court known as the bankruptcy court, and filed under a particular chapter of the bankruptcy code. The most common types…
Business Disputes In today’s fast paced, complex global business environment, business disputes are an unfortunate, but often unavoidable, fact of life. All managers dread business disputes, especially those with the potential to end in litigation. When a business dispute arises, taking the right steps is critical – in some cases, the future of the company…
