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Business Divorce Mediation Solutions
Non-Monetary Settlement Options
In many cases where business partners divorce, the real issue is not necessarily about money. In fact, one business partner may simply want to retain control over certain ideas or other intellectual property they contributed to the business. If this is the case, it is often possible to sit down with a mediator and reach an agreement on a non-monetary settlement option that will benefit all parties.
Confidential Agreements
Depending on the nature of the business disagreement, those involved with the business may not want details of the dispute released to the public. However, should the dispute wind up in court, it will likely become a matter of public record. By using mediation, any agreements reached by the parties can be kept confidential at all times. This can be crucial, especially in situations where the public image of a company or the individuals could be seriously damaged.
While many business partners and others tend to seek legal remedies in court, mediation is becoming a more viable option for many. If you want to learn more about this process, schedule a consultation with a Palm Harbor business attorney at the Law Office of Robert Eckard & Associates.