AMA Reporter
The
essence of Mediation is the negotiating spirit. Mediator Affair makes it easy
for the parties to come up with new terms which may provide opening for proper
negotiations. These negotiations would definitely bring the Mediator to explore
more options for reconciliation of the parties’ interests.
Mediator
Affair further provides the parties to save as much as 80 percent of the costs
of traditional litigation in as little as 20 percent of the time. This affordability
and online access means that individuals and companies of any size can file
claims that were previously too costly to pursue.
The
fast, fair and efficiency of the process managed by the online platform
MEDIATOR AFFAIR is well reflected in the following partnership dispute.
There were two partners
running business without much problems, one of the partners was 60
years old and was planning to retire- his name being Jacob; the other was 40
years old and was planning for a future of growth and wealth creation and he is
Kiran.
The partners had received an offer to buy their
business. The 60 year old wanted to accept but the younger partner did not.
This caused deadlock as one could not act without the others consent. If they
dissolved the partnership they would both lose something they had worked very
hard for over the years.
They agreed to mediate and despite knowing each
other for many years, and discussing their situation they had been unable to
find a resolution. During the mediation they were able to take into
consideration more than the law and the legal interpretation of their
partnership deed. In court this would not have been possible.
The older partner agreed to take less money for his
share but on the condition that he would stay as a partner for further 18
months from the date of his agreed date of retirement and will be no part in
paying rental for the premises. This was
a trade-off between the price he wanted and what the other partner was prepared
to pay.
The other partner got to pay less up front,
regained support that allowed him continued support and experience for when the
business eventually was handed over.
Most importantly the partners were able to preserve
their personal and professional relationship which was great value to both of
them.
Mediator Affair was created to revolutionize the way disputes are resolved online. By
integrating state-of-the-art technology with experienced and efficient
professionals, the online platform Mediator Affair has come up with the ideal
environment to bring alternative dispute resolution, using online mediation and
binding arbitration, to virtually everyone, anywhere in the world.
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