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August 24, 2010
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Arbitration News

 

Ho-Chunk Suspend Arbitration With State And Make $30 Million Pre-Payment

The Ho-Chunk Nation and the State of Wisconsin will suspend arbitration on their compact dispute and will continue working to reach a final settlement of the issues surrounding the Nation’s gaming compact, the two parties announced today. As part of the move, the Ho-Chunk Nation will make a good faith, $30 million pre-payment on future compact obligations to the State.

“I am pleased the Ho-Chunk have agreed to make a $30 million good faith payment to the State of Wisconsin, and I look forward to bringing final resolution to the process very soon,” Administration Secretary Steve Bablitch said.  “It is in everyone’s best interest that a settlement is reached quickly, and we will continue working to reach a conclusion that is fair to the Tribe and favorable to taxpayers of Wisconsin.”

Ho-Chunk Nation President George Lewis concurred, noting that he is pleased to continue negotiations.

“The Ho-Chunk Nation is pleased that negotiations will move forward, and we hope that this pre-payment on potential future compact payments to the State will be recognized as a good faith gesture and smooth the way for ongoing talks,” Lewis said today. “The Ho-Chunk are very proud of our partnership with the State of Wisconsin and our role in growing and sustaining a healthy Wisconsin economy.”

The State and the Ho-Chunk Nation also announced the following:

  • The parties will stay their arbitration proceedings until outstanding legal appeals are settled.
  • The parties will continue negotiations during the stay of arbitration in an effort to reach a final settlement of the issues surrounding the Nation’s gaming compact.
  • The $30 million pre-payment made now by the Nation will be credited against future compact payments to the State.

The arbitration was first initiated in June, 2005.

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Did You Know?    
 
 
Arbitration is different than mediation.
Mediation is a method of dispute resolution whereby the disputing parties achieve a mutually-satisfactory resolution with the assistance of a mediator. Unlike arbitration sessions, mediation sessions are not “decided” in favor of one party or another; rather, the mediator simply facilitates the negotiation process between the parties. Mediating parties are not bound to resolve their dispute (although mediated settlements, once reached, can be made binding if the parties decide to draft a contract called a settlement agreement). Arbitrating parties, on the other hand, receive a final decision from the arbitrator, which is either binding or non-binding depending on the terms of the arbitration agreement.

 


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Arbitration Attorney.com Terms

 


Today's Terms

Counsel

Definition:
An attorney who advises and represents a party in arbitration is called a counsel.

Claimants

Definition:
Claimants are the plaintiffs, the people filing the claims.

Panel

Definition:
The arbitrator who decides the dispute is the panel.

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Arbitration Hot Topics

 


Topics Related to Arbitration:

  • Collective bargaining
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  • Commercial Arbitration
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  • Negotiation
  • Computer Aided Arbitration

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Florida Arbitration Attorney

 
If you live in the following cities and need an Arbitration attorney you should contact our Arbitration Attorney as soon as possible:

  • Apopka
  • Boca Raton
  • Boynton Beach
  • Brandon
  • Clermont
  • Daytona Beach
  • Deltona
  • Dunedin
  • Fort Lauderdale
  • Gainesville
  • Hallandale
  • Hialeah
  • Hollywood
  • Jacksonville
  • Key West
  • Kissimmee
  • Lake Wales
  • Lake Worth
  • Lutz
  • Melbourne
  • Miami
  • Miami Beach
  • Middleburg
  • North Miami Beach
  • Opa Locka
  • Orange Park
  • Orlando
  • Ormond Beach
  • Oviedo
  • Palm Harbor
  • Panama City
  • Pensacola
  • Pompano Beach
  • Port Richey
  • Riverview
  • Tallahassee
  • Tampa
  • Valrico
  • West Palm Beach
  • Winter Park
  • Winter Springs
 


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