Draft for review
Settlements

Can you reopen a failed settlement discussion?

Restart discussions with a changed proposal or new information, rather than replaying the same argument.
Corporate Recovery Partners
Corporate Recovery Partners Lisa presenter with the headline: Can you reopen a failed settlement discussion?
01 / 06

The first negotiation ended without agreement

A supplier and customer abandoned settlement talks when their figures were too far apart. Months later, new delivery records clarify part of the dispute and both have incurred further costs. The supplier wants to try again but worries that making contact will be treated as abandoning its position.

02 / 06

Identify what has changed

List the new evidence, revised cost position or practical development that makes another discussion worthwhile. Be specific about what it could resolve.

If nothing has changed, consider whether a different process would help. Repeating the original demand and response may produce the same impasse.

03 / 06

Check the current legal position

Give your adviser the earlier offers and subsequent correspondence. Ask whether any offer remains open, any agreement was reached or formal deadlines require attention.

Do not assume that every settlement communication is confidential or protected simply because of its heading. Obtain advice on the appropriate approach and wording for your circumstances.

04 / 06

Propose a focused restart

Invite discussion on the issue that can now move, such as a disputed variation or payment timing. Explain the practical purpose without making unsupported concessions.

Business.gov.au notes that ADR can be used before, during or after court proceedings. A mediator may help where direct exchanges have become repetitive or personal.

Source: business.gov.au - Prevent, manage and resolve disputes

05 / 06

Prepare the decision boundaries

Set an informed range of acceptable outcomes with your advisers, including timing and non-money terms. Identify who has authority to agree on each side.

Keep the formal case timetable running unless an appropriate change is confirmed. An invitation to negotiate does not itself put other obligations on hold. Consider whether the right decision-makers participated last time; another meeting may achieve little if nobody attending can approve a workable outcome.

06 / 06

Reopen with a reason and a process

Prepare a short explanation of what has changed and the specific issue you want to resolve. Have the proposed contact reviewed where legal proceedings or protected communications are involved.

Agree a discussion format, authorised participants and a review date. Record any outcome carefully before treating the matter as settled.

Call CRP today about debt recovery and coordinating the appropriate professional support.

Tell us about your situation

Contact us today for a private and confidential discussion.