How easy or difficult is it to maintain good faith in negotiation? What are the obstacles that a mediator faces while trying to understand all parties involved in the bargaining process?
In this article I wrote recently, I focused on the importance of good faith and fair dealing in contract law, as highlighted in the Maltese Civil Code.
As expressed in the article which can be downloaded in full by clicking on the ‘download’ button below, an integral part of such negotiation is mediation, as it involves the intervention of an acceptable third-party who has limited or no authoritative decision-making power.
Although mediation is important, the problem with it is that it involves personalities on both sides who think the same, that is the other side is negotiating in bad faith, which might eventually lead to distractions from the actual negotiation.
Such cases can be handled by our firm Fairwinds Management Limited through our in-house team of lawyers.
If you are interested in any legal related services such as business agreements, terms and conditions and others, our knowledgeable legal team can assist you and provide you with all forms of contract documentation.
For more information, you can visit our website https://fairwindsmanagement.net/services/legal-services/contract-law or else get in touch directly with me on firstname.lastname@example.org.