Updated 4/24/2012 - Meghan McArdle has further discussion at the Daily Beast.
Eugene Volokh reports on an interesting case, Med Express Inc. v. Nicholls, Case No. 13-CIV-0351 (Ohio Comm. Pl.). The action was filed by an online vendor who received negative feedback on Ebay from a purchaser.
Chapters 1 (Introduction) and 2 (What is Law?) of Business Law Basics are now available online.
The term “ADR” stands for “alternative dispute resolution.” The term ADR, when used in reference to a pending civil lawsuit, refers to the resolution of the lawsuit by means other than having a judge or jury decide the ultimate issues. ADR can be as informal as negotiations between the parties or their attorneys, or it can be as formal as binding arbitration. One of the many advantages of ADR is that it can be tailored to suit the needs of the parties.
“He that bereaves my will, which by God’s permission I have now made, let him be bereaved of these earthly joys; and may the Almighty Lord – cut him off from all holy men’s communion in Doomsday; and be he delivered to Satan, the Devil and all his cursed companions to hell’s bottom, and there be tortured, with those whom God has cast off or forsaken, without intermission, and never trouble my heirs.”
-Will of Wolgith, 1046, setting forth an unusually robust no-contest clause.