Our insolvency professionals can act in several capacities, from conducting security and viability assessments and reorganizations through to acting as Trustee in Bankruptcy for corporate or personal bankruptcies. However unpleasant, conflicts can be a natural consequence of doing business. Our arbitration and mediation services are an alternative to the costly and time-consuming process of litigation. They are designed to help you resolve business disputes with minimal disruption. While these approaches are both effective at resolving disputes, they are quite different in nature.
Mediation is a kind of 'negotiation assistance' technique.
The goal of mediation is to help the parties reach a fair and mutually-acceptable settlement. Arbitration, on the other hand, is more of a 'judicial' procedure, where an independent and impartial person is selected and asked to pass judgment. The business environment becomes more complex everyday. Add to this complexity the growing number of business-related investigations, and it's clear why the need for specialized forensic accounting services has grown so dramatically in the past decade. To respond to this need, we at BDO have assembled an experienced team of forensic accounting professionals to help lawyers, the business community, insurance companies, police forces and government agencies in investigating financial and business-related issues.