Financial Disputes

Arbitration clauses are protected under the Federal Arbitration Act

Arbitration clauses are protected under the Federal Arbitration act. The US Supreme Court confirmed this authority in the decision in 2011 in the case entitled AT&T Mobility LLC v. Concepcion. The Supreme Court held that the Federal Arbitration Act preempted California law that, in certain circumstances, arbitration clauses in customer agreements are unenforceable.  The Supreme …

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New york story prepare for an economic downturn

Stormy Waters on the Horizon for Contracts and Invoices – Prepare for the economic downturn

Brief is an online leader in providing impartial, cost-effective, flat fee, and quick, online dispute resolution services and we are ready to help businesses in times of economic downturn.  Settlement processes and dispute resolution, all online, done asynchronously and completed quickly, fairly and efficiently.   An economic downturn is on the horizon.  Are your contracts ready? …

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bear market prepare for a recession

Tips to prepare for a recession or downturn in the economy

Rarely do so many random negative economic factors converge at one time and it is imperative that businesses prepare for a recession or downturn in the economy.  The scary part… Today we have a bear market on the New York Stock exchange, inflation rates not seen since the 1970s, interest hikes not seen since the …

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Protect Accounts Receivable

How to protect accounts receivable

The secret to a thriving business is to make sure that you protect your accounts receivable to boost cash flow allowing for more sales and growth.  Even with steady sales, businesses that do not protect their accounts receivable could find themselves in trouble if they do not have enough liquidity in their ecosystem. According to …

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hands over a laptop computer with a phone plant coffee and headphones on a wooden surface desk belonging to a freelancer

Online arbitration for Freelancers – Get paid on time, every time

Online arbitration for freelancers is a great way for freelancers to protect their income by legally stating the terms and conditions for payment for services rendered. The freelance working model can be very rewarding and can restore work-life balance for those who truly have a passion for their area of expertise. What is not so …

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I’ve got a Form Agreement and I need to update it. Where Do I Start?

One of the likely unforeseen challenges of owning a business is the need for a form agreement between you and your customers.    Do you hire a lawyer? Do you find one on the internet?  Do you buy a premade form?   The answer depends on your needs and your pocketbook.   But, there are some things …

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Protect your business from bad debt with an arbitration clause

Business owners often find that their cash flow becomes threatened when clients and customers default on payments and leave them with bad debt.  There are ways to avoid this happening, and thankfully, arbitration clauses will allow you to claim your money without the expense and huge waste of time involved in filing a lawsuit in …

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White truck driving on the highway with mountains in the background dot requires freight companies to have an arbitration clause

Do moving companies need an arbitration clause?

The definitive answer is yes, moving companies need arbitration clauses; the US Department Of Transportation stipulates that by Federal Law, every moving company must be signed up to an arbitration program if they are involved in interstate shipments of household goods. The DOT instituted this law (49 CFR 375.211) to reduce pressure on the US …

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factoring

Factoring and online arbitration – A perfect fit for debt recovery

Factoring and online arbitration work extremely well together and together provide the foundation for success in resolving disputes and recovering debt. Factoring – also known as receivables factoring or debtor financing – is an industry that is crucial in helping businesses manage their cash flow.  It entails lending money and collateralizing the borrower’s debt or …

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Online arbitration is cheaper than traditional arbitration

Online arbitration is cheaper and quicker than traditional arbitration, and this is backed up by facts. Brief’s online platform turns an arbitration claim around in 45 days, compared to 410 days with brick and mortar arbitration.  It is also up to 80 percent cheaper and a run-of-the-mill claim should cost you no more than $1,700. …

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