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NEWS

May 14, 2015
Curtis R&I co-chair Steven Reisman quoted prominently by The Deal in Mediation in Bankruptcy article

 

Restructuring & Insolvency co-chair Steven Reisman was quoted extensively in The Deal’s article, “Cooler heads prevail: Why mediation is growing as a tool in bankruptcy.” Mr. Reisman discusses the benefits of mediation. "The cost, delay, drain on resources and distraction from the focus of a company's actual business [caused by litigation] drives mediations," he notes.

He also talks about the advantage of having a sitting judge as a mediator saying that they provide “judicial persuasion,” a positive influence in coming to an agreement.

Mr. Reisman further tells reporter Jamie Mason that, in mediation, you may not get everything that you want or that you need in order to settle, since it's most effective when there is a compromise of positions.

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