ADR - Alternative Dispute Resolution

MEDIATION

1. What is mediation?

  • It is important to know:
    • Mediation is an Out of Court alternative dispute resolution method;
    • Goal – to reach an agreement beneficial for both parties;
    • Mediation is regulated by law.
  • The Procedure:
    • It is led by a mediator – an independent impartial third party, trained and registered in the Official Registry of Mediators at the Ministry of Justice of the Republic of Bulgaria;
    • The procedure is voluntary and each party has full control of the stages it goes through;
    • Collective and individual meetings are held;
    • Lawyers and experts appointed by the parties can take part in every stage of the procedure;
    • Mediation can be conducted while the case is pending before the Court;
    • During the procedure the limitation period does not run.

2. Advantages

  • Saves time – within a few hours it becomes clear what are the possible outcomes of the dispute;
  • Saves money – a fee is being paid which is affordable by both parties and is a number of times lower than court fees;
  • The procedure is strictly confidential in accordance with the Mediation Act.

3. Is your case suitable for mediation?

  • Every commercial and civil dispute is appropriate for mediation; in many cases the procedure is even suitable for administrative disputes;
  • If you have any doubts regarding the suitability of mediation for your case we will advice you accordingly.