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Mediation is an informal process where an impartial
third party helps disputing parties to find mutually satisfactory solutions
to their differences.
Mediation can resolve disputes quickly and satisfactorily, without the expense and delay of formal investigation and litigation.
Mediation proceedings are confidential and voluntary for all parties. Mediation typically involves one or more meetings between the disputing parties and the mediator. It may also involve one or more confidential sessions between individual parties and the mediator. A successful mediation results in a binding agreement between the parties. If mediation is unsuccessful and an agreement can not be reached, parties may still pursue all legal remedies, including private lawsuits. Sample mediation case A 55 M€ claim of between a consortium of three leading French construction firms and a state agency regarding the construction of a 125 M€ waste water plant.
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