Patents by Inventor Charles Brofman

Charles Brofman has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20080114679
    Abstract: A computer executable system and method for dispute resolution with advance funding capability. After calculating a difference between the demand and the offer in at least one round and determining whether the difference falls within at least one criterion, the claim is resolved if the difference falls within the at least one criterion, the claim is resolved if the difference falls within the at least one criterion. The claim remains unresolved if the difference does not fall within the at least one criterion. A surety module is provided which enables the prospective payee to direct the payment to it in a specified manner. The surety module may also put a hold on funds of the prospective payor pending payment by the payor to the payee of the amount upon which the dispute is settled.
    Type: Application
    Filed: October 30, 2007
    Publication date: May 15, 2008
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20080065558
    Abstract: A method and system for automated bargaining 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 bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic agreement document generation.
    Type: Application
    Filed: October 30, 2007
    Publication date: March 13, 2008
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20080065557
    Abstract: An automated method capable of multiple rounds for settling a dispute among adverse parties which dispute involves monetary values is described together with an automated system for carrying out such method.
    Type: Application
    Filed: October 30, 2007
    Publication date: March 13, 2008
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20070150377
    Abstract: An automated method capable of multiple rounds for settling a dispute among adverse parties which dispute involves monetary values is described together with an automated system for carrying out such method.
    Type: Application
    Filed: December 21, 2006
    Publication date: June 28, 2007
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20070118486
    Abstract: A method and system for automated bargaining 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 bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic agreement document generation.
    Type: Application
    Filed: October 13, 2006
    Publication date: May 24, 2007
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20070106621
    Abstract: A method and system for automated bargaining 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 bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic agreement document generation.
    Type: Application
    Filed: October 13, 2006
    Publication date: May 10, 2007
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20070106573
    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. The awardee of the settlement payment is offered a plurality of disbursement options for the settlement payment which he or she may choose from. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic settlement document generation.
    Type: Application
    Filed: October 13, 2006
    Publication date: May 10, 2007
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20060080186
    Abstract: A computer executable system and method for dispute resolution with advance funding capability. Opposing parties to a claim can submit at least one demand and offer; the offer and demand are not disclosed to the opposite party. After calculating a difference between the demand and the offer in at least one round and determining whether the difference falls within at least one criterion, the claim is resolved if the difference falls within the at least one criterion. The claim remains unresolved if the difference does not fall within the at least one criterion. An authorization for at least one entity to accept a payment of proceeds from a resolved dispute in exchange for having funds provided to the first party is received and funds are transferred from the entity to the first party.
    Type: Application
    Filed: September 12, 2005
    Publication date: April 13, 2006
    Inventors: James Burchetta, Charles Brofman
  • Publication number: 20050080723
    Abstract: A method and system for automated bargaining 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 bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic agreement document generation.
    Type: Application
    Filed: October 10, 2003
    Publication date: April 14, 2005
    Inventors: James Burchetta, Charles Brofman