Arbitration And Sports Association And Dispute Resolution...

TO: Professor Reeves FROM: 6090 RE: Arbitration and Sports: National Basketball Association and dispute resolution under the American Arbitration Association’s rules and procedures DATE: November 30, 2015 I. INTRODUCTION As litigation continues to be a time-wasting, costly, distracted, and unsatisfactory practice for dispute resolution, alternative dispute resolution increases in popularity, specifically, mediation and arbitration. Arbitration is a cost efficient substitute to litigation that is the yielding of a dispute to an impartial party in order to receive a final incumbent decision in the form of an award. Arbitration is sensitive, classified, and modeled to be a swift, and inexpensive solution to dispute. Participating parties may include additional terms in the agreement identifying arrangements to their agreements’ arbitration clauses to meet the requirements of their discrete dispute. In summation, arbitration is process that is private, speedy, cost efficient, and customized to the liking of the parties involved. Alternative dispute resolution is by no means a recently adopted form of dispute resolution. Courts now yield a vast number alternative dispute resolution alternatives, with even some courts requiring that cases be taken to mediation before the court will allow the litigation process to begin. In many facets of industry, alternative dispute resolutions are much preferred alternatives to the litigation process. For example, the construction industryShow MoreRelated Sports Agents Essay1738 Words   |  7 PagesSports Agents People have been entertained by sport since before the gladiators in the Roman Coliseum. In the 20th century, the publics’ passion for sport consumes more and more of their free time. As sports figures became internationally recognized, athletes began to realize their need for professional representation. Thus, sports agents were born. 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However, analysts said it This case study was written by Syeda Maseeha Qumer and Vandana Jayakumar, under the direction of Vara Vasanthi, IBS Hyderabad. It is intended to be used as the basis for classRead MoreGym, Health Fitness Clubs in the Us Industry Report.P Essay13388 Words   |  54 Pagesrecreational sports facilities featuring exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating or racquet sports. Firms are also involved in facilities management and fitness instruction. 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