More and more, business sale contracts, partnership agreements, and shareholder agreements contain mediation clauses. These clauses allow parties to avoid going to court in the event of a dispute arising from the interpretation of these documents.
Mediation is an increasingly popular alternative dispute resolution method due to the flexibility it provides to the parties. Mediation allows for exploring all possible avenues through dialogue and finding a customized solution based on the parties' needs.
An exhaustive list of the various situations where a mediator can intervene cannot be provided, but here are a few examples for illustrative purposes when there is a conflict:
Why let a dispute escalate and become more burdensome through legal proceedings?
With their training and experience as impartial legal advisors, notaries are the ideal professionals to act as mediators in your dispute. They will assist you in finding a satisfactory solution that takes into account the interests of all parties and, most importantly, will be much quicker and less costly than a judicial settlement.
In case of deadlock, mediation can be followed by arbitration, where an arbitrator chosen by the parties will make a decision on the dispute after hearing representations from each party.
Consult the professionals at Notaire-Direct who will provide you with advice tailored to your needs.