In our second instalment of our corporate transaction series, we look at the vital role that the due diligence process plays in making a success of any transaction. Having made the decision to acquire a business, the buyer will want to maximise the...
Mediation in property disputes can be an extremely effective way of resolving a dispute without the need of proceeding to Court.
There are several forms of mediation, this can be by way of a round table meeting with all parties or alternatively 'shuttle' mediation where the parties are in separate rooms and the mediator will visit each party and discuss matters separately.
Mediation can only take place with the agreement of both parties and the cost of the mediation will be equally shared between the parties. All discussions which take place during mediation are confidential and if the parties are unable to reach an amicable agreement, the matter can still proceed to Court. If an agreement has been reached the parties can agree to draft a written agreement setting out the terms of and this will become a binding contract.
To find out more on the process and how you may benefit from Mediation, please contact us by phone on 01252 733770 or by completing the online contact form.