What a day to be alive! As I was preparing my slides for my presentation titled ‘Arbitral Institutes: The Efficacy Cybersecurity and Diversity in Comparison to Litigation.’ I received a LinkedIn notification. Initially, I was inclined to ignore it, but then I decided to click on it, Voilà!
‘The American Arbitration Association (AAA)-International Centre for Dispute Resolution (ICDR) on the 30th May 2024- today in New York acquired the World’s Leading ODR Company, Inc. and its parent company, Resourceful Internet Solutions Inc. (RIS), which owns Mediate.com, Arbitrate.com, and several other alternative dispute resolution (ADR) websites.’
According to Rule, Fowler, and Melamed, “this move bolsters the AAA-ICDR’s mission to expand innovative alternative dispute resolution options to benefit businesses, communities and practitioners worldwide.”
Against this backdrop, I believe that the above move is a major factor that distinguishes the AAA-ICDR from the traditional court and the other arbitral institutes/institutions. It is imperative to state that the ICDR is an international division or branch of the American Arbitration Association (AAA) and the leading arbitral institution in the US, with considerable experience in administering US domestic arbitrations and international disputes through its ICDR body. They have consistently embraced technology to improve the efficacy of the arbitration process, thereby paving the way for more people to opt for it.
Kudos AAA-ICDR!!!
Read the full story via the link below:
https://mediate.com/american-arbitration-association-acquires-worlds-leading-online-dispute-resolution-company-transforming-the-way-courts-and-businesses-resolve-disputes/
Reference:
Kate Raum-LinkedIn
Mediate.com
AAA
ICDR
Graphic- Mediate.com
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