Conciliation procedures may be applied if a dispute arises between Pepeliaev Group clients when there is a conflict of interests. Pepeliaev Group has devised Rules for conciliation having regard to the provisions of Federal Law No.
How can conciliation be used?
Conciliation is an alternative out-of-court dispute resolution instrument. Like mediation, conciliation is a voluntary, flexible, confidential, and interest based process. The parties seek to reach an amicable dispute settlement with the assistance of the conciliator, who acts as a neutral third party.
In what situation would conciliation be most appropriate?
Conciliation is most often used as a preventative method of resolving disputes, whereas the assistance of a mediator or arbitrator is often sought once a dispute is ongoing and it appears as though it may end up in court. A conciliator is typically appointed as soon as a dispute looks like it may occur.