Arbitration board head urges in-person mediation
The head of the Budapest Arbitration Board (BBT), an alternative forum for solving disputes that operates parallel with the Budapest Chamber of Commerce and Industry (BKIK), wants to require companies in mediation to make personal appearances.
György Baranovszky informed Hungarian daily Magyar Hírlap that making personal appearances by company representatives mandatory would improve the board's resolution rate. Currently, companies must only respond in writing, he added.
He also proposed requiring disputes between consumers and companies to be brought before the arbitration board before going to court.
The board closed 1,473 cases in the first half of this year, including 547 with an agreement and 313 with a recommendation. It turned away more than 35% of disputes, finding them groundless.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.