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What is a mediation process?
Mediation is an assisted negotiation in which a neutral third party
leads the parties to a consensual agreement that will end the conflict
between them. The mediator will intercede in an effort to find formulas
of approximation and mutual consent to build a good relationship
in the future.
Our mediators are experts in mediation methods and techniques.
What types of conflicts may be solved through mediation?
Basically all conflicts are subject to mediation. Its application
has been successful in various fields, ranging from commercial or
business issues to family, institutional or community matters, as
mediation generates interaction between the parties which leads
to seeking mutually acceptable solutions. See
Article 43 of the Arbitration and Mediation Law
Mediation is more effective and better suited for some types of
conflicts, but overall most conflicts may be solved through mediation.
There are several considerations that support the choice of mediation
including confidentiality; the personal or business relationships
that the parties in contention wish to preserve; the time, money
and energy saved.
What are the benefits of AMC’s
mediation process?
· If required, the parties can choose a bilingual process
as mediators are fully fluent in English.
· A fully impartial process
· Economical: The time and money spent are significantly
lower than the such required for legal processes.
· The process is private, voluntary and confidential.
· Enables the parties to select mediators specialized in
various fields.
· Avoids litigation and its procedure is flexible.
· Efficient and agile-a one step process
· A mediation agreement is legally binding, assuring parties
of its compliance. The agreement has the same force of a final judgment.
· Protects personal and/or business relationships of the
parties involved as they actively and directly participate in seeking
a solution to their differences.
What procedure applies to mediation?
The procedure is established in the Arbitration and Mediation Law
and in AMC’s Rules and Regulations, which outlines the steps
that must be followed.
Is it necessary to be an EACC member
to resort to AMC?
No, AMC is available to the general public.
How does AMC’s mediation process
begin?
Mediation begins through a written request to the Director of the
Mediation and Arbitration Center.
What is the cost of mediation?
There is an initial fee of US$ 30.00 payable by the party requesting
mediation.
If an agreement is reached, a rate based on the amount of the controversy
applies. If no agreement is reached, a fee for the mediator’s
work is determined.
Must the parties be represented by a lawyer?
No, however the parties may assist with their lawyers to mediation
sessions. This will help them negotiate and make decisions based
on their legal rights and obligations.
How long does mediation take?
There is no fixed amount of time for mediation. It is a flexible
and voluntary process. The number of mediation sessions will depend
on the parties’ need to reach an agreement according to the
complexity of the issue. Nevertheless, according to statistics an
average mediation will usually take two sessions.
How do you include mediation in a contract?
By including the Arbitration and Mediation Center of the Ecuadorian
American Chamber of Commerce standard clause.
We recommend including the clause determined by the Center to ensure
due process and efficiency.
If there is no previous agreement the other party is not obliged
to take part in the process.
How is the Mediation Minute worthwhile to the parties?
Once an agreement has been reached, the parties and the mediator
draft a full or partial Mediation Memorandum, establishing the rights
and obligations each party acquires.
The Mediation Minute is legally enforceable and has the effect of
a final judgment. It is legally binding in any court of common law.
In addition, worldwide statistics show that 90% of all mediation
agreements are complied with as the parties themselves are involved
in the process and sign the agreement.
Why should a mixed mediation and arbitration clause be included
in any contract?
We recommend exhausting all direct forms of dialogue between the
parties before submitting the issue to the decision of third parties.
In other words, we suggest direct negotiations first. If the matter
is not solved, attempt mediation. If the issue is still not solved
resort to arbitration.
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