Computerized dispute resolution system and method

Data processing: financial – business practice – management – or co – Electronic negotiation

Reexamination Certificate

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C705S004000, C705S037000

Reexamination Certificate

active

06954741

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. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic settlement document generation.

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