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Implementation of EC Directive 52/2008 in Germany. Workshop on Mediation for Business Operators Dr. Antje Baumann, LL.M. (Berkeley), . Overview. 01 The German Mediation Act. 01 The German Mediation Act. 01 The German Mediation Act. 01 The German Mediation Act.
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ImplementationofEC Directive 52/2008 in Germany Workshop on Mediation for Business Operators Dr. Antje Baumann, LL.M. (Berkeley),
02 Mediation in Business Context • Case Study MEA-Group, Germany lawsuit 20 Mio EUR holdingcompany saleofspecialtools Haidlmair GmbH, Austria MEA AG, France 500.000 EUR
02 Mediation in Business Context – When, why and how? • Whatarethe relevant criteriaforbusinessoperatorswhensolvingcommercialdisputes? • Private autonomy • Costs • Rapidityofdisputeresolution • Interest orientedresult
02 Mediation in Business Context – When, why and how? • Which factors must management take into account ? • Corporate management must decide on appropriate dispute resolution mechanism. • → entrepreneurial decision. • Choice of dispute resolution method governed by business judgment rule (Sec. 93 par. 1 German Stock Corporations Akt). • Relevant factors: • expected outcome, • certainty and predictability, • time and cost efficiency and • collateral effects such as publicity, effect on relationship of the parties. • Involvement of several corporate department (legal, finance, commercial, operative units) may be necessary.
02 Mediation in businesscontext – When, why and how • Advantages to Mediation: • A solutionpointingtothefuturewherebothsideswin • Appropriateconsiderationofyourownviews, interestsandobjectives • Activeprotectionofyourcompanyagainstlosingitsimage • Sparingresources • Reducingyourcosts • Security in planning • Keepingcontrolofnegotiationsandtheirresults • Considerablesavings in time spent • Continuationof personal andbusinessrelations • Openingupcreativeoptions • Achievingcommerciallymeaningfulresults • Maintenance ofconfidentialityby all parties
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