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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 mostly leads to a binding agreement.
Arbitration is an alternative to resolving disputes in court. Arbitration allows the parties involved to choose an individual or several individuals with knowledge and expertise in the subject matter of the dispute to hear each party's evidence and present a binding decision. With arbitration, the arbitrator makes a decision for the parties involved in the dispute, as opposed to mediation, which involves a mediator actively attempting to move the parties to agreement.

 


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News about Arbitration cases in Colorado and nationwide:

Ho-Chunk Suspend Arbitration With State And Make $30 Million Pre-Payment
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Arbitration Lawyer.com Terms

 


Today's Terms

Filing

Definition:
Delivery to the Director of Arbitration of the statement of claim or other pleadings, to be kept on file as a matter of record and reference

Arbitrator

Definition:
A person who resolves a dispute between two or more people is called an arbitrator.

Claimants

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

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Arbitration Hot Topics

 


Topics Related to Arbitration:

  • Collective bargaining
  • Uniform Arbitration Act
  • Unions
  • Commercial Arbitration
  • Juvenile Arbitration
  • Negotiation
  • Computer Aided Arbitration

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Colorado Arbitration Attorney

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

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Canon City
  • Castle Rock
  • Colorado Springs
  • Commerce City
  • Denver
  • Durango
  • Englewood
  • Evergreen
  • Fort Collins
  • Golden
  • Grand Junction
  • Greeley
  • Lafayette
  • Littleton
  • Longmont
  • Louisville
  • Loveland
  • Montrose
  • Parker
  • Pueblo
  • Westminster
  • Wheat Ridge
 


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