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Posts tagged "legal dispute"

Mandatory arbitration provisions may help

In 2007, the state of Florida became the first state to implement the mandatory arbitration clauses in trust litigation contexts. The process of arbitration is often less costly, more private and faster than prolonged court disputes. Mandatory arbitration has been implemented in commercial contracts for many decades. It is now that the same approach is being implemented in the world of trust agreements. The popularity of mandatory arbitration is still in its beginning stages.

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