Invention Grant
- Patent Title: Computerized dispute resolution system and method
- Patent Title (中): 电脑争议解决制度与方法
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Application No.: US11981456Application Date: 2007-10-30
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Publication No.: US08494970B2Publication Date: 2013-07-23
- Inventor: James D. Burchetta , Charles S. Brofman
- Applicant: James D. Burchetta , Charles S. Brofman
- Applicant Address: US CT Stamford
- Assignee: Cybersettle Holdings, Inc.
- Current Assignee: Cybersettle Holdings, Inc.
- Current Assignee Address: US CT Stamford
- Agency: Frommer Lawrence & Haug LLP
- Agent William S. Frommer; Brian M. McGuire
- Main IPC: G06Q50/00
- IPC: G06Q50/00 ; G06Q10/00

Abstract:
A method and system for automated dispute resolution is disclosed. The method and system are used in testing non-equal values in normal rounds for satisfaction of a condition. If the condition is not satisfied in the normal rounds, power round values are tested for satisfaction of a power round condition. If the power round condition is satisfied, a binding settlement payment is calculated. The awardee of the settlement payment is offered a plurality of disbursement options for the settlement payment which he or she may choose from. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic settlement document generation.
Public/Granted literature
- US20080126266A1 Computerized dispute resolution system and method Public/Granted day:2008-05-29
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