CEDR Mediator Nick Pearson discusses a mediation he conducted between a bank and an organisation in the Middle East - and how it is key in such mediations to have senior individuals present.
Contents:
00:00 - Intro
00:15 - During a financial crisis, a bank aggressively demanded payment from an organisation in the Middle East
00:42 - The head of the organisation sued the bank claiming misrepresentation
00:58 - Mediation took place in London
01:15 - Insisting that someone senior from the bank should be present
01:35 - The bank sent a senior person
01:50 - Discussing the ongoing issues
02:17 - Making sure the right parties were present was the key to resolving the deadlock
#cedr #mediation #finance #banking
