Patents Assigned to Cybersettle.com, Inc.
  • Patent number: 6954741
    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.
    Type: Grant
    Filed: August 6, 1999
    Date of Patent: October 11, 2005
    Assignee: Cybersettle.com, Inc.
    Inventors: James D. Burchetta, Charles S. Brofman
  • Patent number: 6330551
    Abstract: A computerized system for automated dispute resolution through an Intranet website via the Internet or other communications linkage for communicating and processing a series of demands to satisfy a claim made by or on behalf of a claimant or other person involved in a dispute with at least one other person, such as a defendant, his or her insurer, or other sponsor, and a series of offers to settle the claim through at least one central processing unit including operation system software for controlling the central processing unit is disclosed. Preferably the system also allows for the collection, processing and dissemination of settlement data generated from the settlement through the operation of the system for use by sponsors and claimants in establishing the settlement value of future cases. Also disclosed is a method for communicating and processing a series of demands and a series of offers through the system.
    Type: Grant
    Filed: August 6, 1998
    Date of Patent: December 11, 2001
    Assignee: cybersettle.com, Inc.
    Inventors: James D. Burchetta, Charles S. Brofman