
CEDR Mediator Nick Pearson discusses an insolvency case he was involved with. 

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Mediation is successful in this field because insolvency practitioners, office holders, liquidators and the like - they don&#39;t want to go to court.

Insolvency practitioners are very sceptical by nature, but they are also flexible and open minded.

Directors being sued for preferential payments and misfeasance.

Director hadn&#39;t give a reason as to why he wasn&#39;t going to be liable financially

The mediator tells the director you have to explain yourself and he produces a lot of new material that hasn&#39;t been seen before.

The director provides evidence showing his inability to pay.

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