Archive for the ‘commericial mediation’ Category

Mediation & ADR News 03.02.2009

March 2, 2009

Commercial Mediation to Double This Year in Ireland
…The respondents said the key advantages of mediation were cost (saving up to 70 per cent on litigation), speed, control of the process and the preservation of business relationships. The survey found that mediation was most widely used in family businesses and construction disputes, followed by partnership conflicts, property issues and business terminations.
Full article [here]

Political tensions start to subside as mediators step in
is that not a great title to an article? i mean, as a ADR practitioner, don’t you feel required to read such a wonderful statement? The article refers to the political going-ons in the Pakistani Parliament.
“Lahore: Despite tall claims from both sides regarding the election of a new Punjab chief minister, the simmering tension between the Pakistan Peoples Party (PPP) and the Pakistan Muslim League (PML-N) has started to subside as political mediators and foreign diplomats stepped in.”
Full article [here]

Interested In Construction Mediation?
If yes, this might interest you or scare you away:
“The 441-page document is the result of more than three months of mediation between the town and TLT Construction Corp. It was agreed to by all parties, including selectmen and TLT’s bonding firm, last Friday but was released only yesterday after the Times filed a public records request. Although the document is a public record, it contains a clause that does not allow town officials to release it without notifying TLT.”
Full article [here]

Broker Wronged You? You Have Options
Your money is gone. You’re ticked off. You want to sue.Even if your adviser wasn’t Bernard Madoff, you might be wondering what action you can take after watching your savings take a clobbering this past year. You aren’t alone.
Last year, the number of cases filed with the Financial Industry Regulatory Authority bolted 54 percent, to 4,982. The non-governmental agency regulates U.S. securities firms, including online brokerages, and handles arbitration with clients.
…Before proceeding to arbitration, you and the other party can seek a settlement through a FINRA-appointed mediator. You and your broker would work out how to split the fees, which can range from $50 to $300 for clients and $150 to $500 for brokers.
Full article [here]
For those interested, FINRA is seeking mediators in various locations throughout the U.S.
Their site is [here]