Corporate Conflicts
Mediation – the process of setting corporate conflicts, when the third party (the mediator) provides conditions for settling the conflict by means of mutual voluntary agreements. Mediation enables the avoidance of legal proceedings and additional unpredictable costs. The implication of mediation is in conflict-free corporate disputes settlement.
Allied Asset, as a mediator, eases negotiations between the parties, assists in the process of understanding positions and interests, and seeks for constructive settlement giving the opportunity to the parties to come to their own voluntary agreement. The mediator does not represent any party in the conflict and provides the possibility to have a neutral unprejudiced discussion of a problem between the parties of the conflict under conditions of strict confidence.
Mediation is necessary in the following cases:
- When it is necessary to conclude an agreement through negotiations and to document it in written form
- The parties have agreements that cannot be publically accessed by third parties (particularly in the court) and the parties want to maintain confidentiality
- Irritation and emotions hamper effective communication between the parties
4. The parties are limited in time and want to save expenses;
5. The parties want to keep partners and restore benevolent relations.
Mediation allows the parties to end deadlock and to demonstrate a high level of mutual respect after the court proceedings, without which a break in relations and other undesirable consequences can result.
The specialists in our company, as mediators, do not merely help parties to come to an agreement but also ensure that these agreements are long-term and reliable. Only in this way can parties obtain complete satisfaction in the agreement and in the progress of negotiations. After coming to mutual agreement we, by mutual request from both parties, continue to maintain the balance of interests of both parties in the future.
The result of mediation is a formal document (agreement, protocol, additional agreement), in which the parties formalize agreements reached and fix mutual liabilities. Being an alternative to court proceedings and other coercive methods of settlement, mediation possesses several advantages, the main one being the fact that dispute settlement is achieved by parties themselves through a voluntary and equal agreement that satisfies all the parties and all the interests.