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Krooth & Altman LLP

Krooth & Altman LLP from Washington District of Columbia works as Arbitration & Mediation Services, Arbitration & Mediation Services Attorneys, Banking & Investment Lawyers, and Bankruptcy Lawyers. Feel free to contact us at the following contact information.

1850 M Street N.W. Washington District of Columbia, 20036
[Open in Maps]

(202)293-8200

(202)872-0145

www.krooth.com

Last updated 2022-04-17

Specialties of Krooth & Altman LLP:
  • Arbitration & Mediation Services
  • Arbitration & Mediation Services Attorneys
  • Banking & Investment Lawyers
  • Bankruptcy Lawyers
Arbitration & Mediation Services: Arbitration is an alternative means of setttling a dispute by impartial persons without proceeding to a court trial. It is sometimes preferred as a means of settling a matter in ordert to avoid the expense, delay, and acrimony of litigation. There is no discovery and there are simplified rules of evidence in arbitration. The arbitrator or arbitrators are selected directly by the parties or are chosen in accordance with the terms of a contract in which the parties have agreed to use a court-ordered arbitrator or an arbitrator from the American Arbitration Association. If there is no contract, usually each party chooses an arbitrator and the two arbitrators select a third to comprise the panel. When parties submit to arbitration, they agree to be bound by and comply with the arbitrators' decision. The arbitrators' decision is given after an informal proceeding where each side presents evidence and witnesses. Arbitration hearings usually last only a few hours and the opinions are not public record. Arbitration has long been used in labor, construction, and securities regulation, but is now gaining popularity in other business disputes.
Arbitration & Mediation Services Attorneys: Arbitration is an alternative means of setttling a dispute by impartial persons without proceeding to a court trial. It is sometimes preferred as a means of settling a matter in ordert to avoid the expense, delay, and acrimony of litigation. There is no discovery and there are simplified rules of evidence in arbitration. The arbitrator or arbitrators are selected directly by the parties or are chosen in accordance with the terms of a contract in which the parties have agreed to use a court-ordered arbitrator or an arbitrator from the American Arbitration Association. If there is no contract, usually each party chooses an arbitrator and the two arbitrators select a third to comprise the panel. When parties submit to arbitration, they agree to be bound by and comply with the arbitrators' decision. The arbitrators' decision is given after an informal proceeding where each side presents evidence and witnesses. Arbitration hearings usually last only a few hours and the opinions are not public record. Arbitration has long been used in labor, construction, and securities regulation, but is now gaining popularity in other business disputes.
Banking & Investment Lawyers: Despite a changing economy, investment banking and law remain popular career paths for ambitious young people. Both careers offer the chance to make a lot of money right out of school. Moreover, prestige and upward mobility, two additional defining characteristics, attract the best and brightest into both investment banking and law.
Bankruptcy Lawyers: Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors.The philosophy behind the law is to allow the debtor to make a fresh start, not to be punished for inability to pay debts. Bankruptcy law allows certain debtors to be discharged of the financial obligations they have accumulated, after their assets are distributed, even if their debts have not been paid in full. Some bankruptcy proceedings allow a debtor to stay in business and use business income to pay his or her debts.

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