Arbitration Case Statement Formula In Chicago
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The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a property by $10,000.
Arbitration is the most commonly used method of alternative dispute resolution (ADR), and you'll find an arbitration clause in the fine print of all kinds of contracts these days.
Circuit Court Rule 25.9(h) states that no telephonic appearances of parties or attorneys will be allowed without good cause. All motions should be presented before the Supervising Judge of the Law Division Arbitration Program.
Always get straight to the merits without berating the other side or whining about how badly it has treated you. Another threat to your credibility is the “kitchen sink” arbitration demand or a response that includes numerous claims or defenses that have little chance of succeeding.
Under Rule 25, commercial and personal injury cases with damages valued at less than $50,000 and that do not involve claims of medical malpractice, asbestos, construction, nursing home, and product liability are automatically referred to mandatory arbitration.
Cook County is the only home rule county in Illinois. Will County voters elected to go to a county executive form without home rule in 1988. Champaign County voters approved restructure to executive form in 2016.
Your letter of arbitration should be concise, professional, and factual. Follow the standard business letter format, including your name and contact information at the top. Ensure that your writing is clear, and avoid using jargon or technical terms that may not be familiar to the reader.
For residential property owners, the assessed value equals 10% of the fair market value of the home. For most commercial property owners, the assessed value is 25% of the fair market value. This level of assessed value is the taxable amount of the property, as determined by Cook County ordinance.
Outline a concise factual background and then move on to a discussion of the issues at the heart of the case. Your arguments should flow easily from the relevant facts and applicable law. And, by all means, avoid exaggeration of the strengths of your case as well as disparagement of the opposing side.
In conclusion, an effective opening statement will tell the arbitrator in a concise, courteous fashion exactly what the factual situation in the case is, what the issues are, how the advocate wants the arbitrator to rule on the issues, and exactly what relief is being requested.