You are doing a commercial mediation. Things are going well. There is movement and open minds.
In a private meeting, Party A authorises you to inform Party B that Party A will accept an immediate one-off payment of £80,000 from Party B in settlement of the dispute.
You then go into to see Party B. As you sit down, and before you have a chance to say anything, Party B informs you that they are prepared to pay £100,000 to Party A in an immediate one-off payment. in settlement of the dispute.
What is your next step?
Arbitration Issue Tomorrow