Financial advisers - relationship breakdown

A serious breakdown in relations in a firm of financial advisers occurred after a leading player was asked to leave. The individual launched a claim in court for unpaid bonuses, commission allegedly due, damages for breach of contract and loss of share options. 

The publicity of a court action was bound to be detrimental. While monetary issues were important, personal reputation and saving face were critical. A day of mediation provided the platform for a full discussion of the options. A deal was struck, made possible by personal acknowledgements, combined with undertakings on future communications with others and a financial resolution.