INVESTING IN HOLLYWOOD SECURE AN ARBITRATION CLAUSE    Provide that any contractual disputes be subject to binding arbitration, rather than litigation, with the prevailing party entitled to reimbursement of legal fees and costs. Arbitration is usually a quicker, more informal, and less expensive method of resolving disputes than litigation. The parties and the arbitrator typically gather in a meeting room. Each side is given an opportunity to present documents and witnesses. The rules of evidence do not apply. Parties may be represented by counsel, or they may choose to represent themselves. Usually disputes are resolved within a matter of months. back