News for 02.17.09

Huffington Post: Give Home Foreclosures the Same Treatment As Wall Street Bankers

Arianna Huffington says that not enough attention is given to the people currently in foreclosure. She also thinks Obama's plan should include mandatory mediation.

"His plan should also include mandatory mediation between homeowners and lenders prior to any final foreclosures. A pilot program along these lines, the Residential Mortgage Foreclosure Diversion Program, started in Philadelphia, has proven very successful. According to one account, the program has prevented or delayed foreclosures in 75 to 80 percent of the cases that have made it to mediation. Currently, many homeowners don't even talk to their lenders until they have been foreclosed on -- partly because the lenders often make it next to impossible to reach them. "
Full article [here]

International Arbitration Makes the Business World Go Faster
DUBAI - Quick and efficient dispute resolution is vital at a time when the global economy is facing challenges, Dr. Omar bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC) said on Monday.
Addressing a symposium on international arbitration, he said dispute resolution mechanisms had always been critical to the success and competitiveness of an economy. “But, quick and efficient dispute resolution is particularly important now, at a time when the global economy is facing challenges. To increase the adoption of arbitration globally as an alternate dispute resolution mechanism, we need to actively communicate the benefits that arbitration can bring to businessmen, commercial outfits, governments and customers.”

Full article [here]

Shine Launches Kit Aimed At Resolving Neighborhood Disputes
As someone who deals frequently with neighbor vs neighbor disputes, I look around to see what other groups and governments are doing to help people is these situations. Not surprisingly, the Australian State of Queensland is offering a new kit to help people solve their own problems- go figure! Their information sheet comes in nine languages too!
"A new kit aimed at resolving neighbourhood conflict was launched today by Minister for Justice and Attorney-General Kerry Shine. The kit is particularly timely with the Dispute Resolution Branch noticing an increase in demand for its services in the past few months following storms in Queensland's south east and flooding in north Queensland.
"People living in areas affected by recent bad weather are under a lot of stress and this can be made worse if there are disagreements over the clean-up," Mr Shine said. "This new kit and the Government's specialist mediators offer a free service to help neighbours try to settle these disputes."
Full article [here]
This [link] brings you to the page to download the kit.
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