Importance of Decision Makers Attendance at Banking Mediations

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