Tag: Part 36

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Making a Strategic Part 36 Offer in Litigation

Making a strategic Part 36 offer is a powerful tool in UK litigation. It provides a pressure for the other side to settle the dispute early, potentially saving both sides significant time and costs. By carefully calculating the offer and timing it correctly, you can increase the likelihood of a favourable settlement. If the offer is rejected and you ultimately win a better judgment, Part 36 offers significant financial advantages, including increased costs recovery, interest, and potentially a percentage of damages. Ultimately, a well-crafted Part 36 offer can strengthen your negotiating position and improve your overall chances of success in UK litigation.

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Claimant’s Part 36 offer containing error for relevant period held to be compliant

In the High Court case of Essex County Council v UBB Waste (Essex) Ltd (No 3) [2020] EWHC 2387 (TCC), it was held that a Claimant’s Part 36 offer which failed to correctly set out the relevant period was still deemed compliant with Part 36 of the Civil Procedure Rules.

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Claimant’s Part 36 offer of 99.7% was genuine offer to settle proceedings

In a multi million pound breach of contract case, where there was no substantive defence to the claim and the Defendant accepted summary judgment and liability for the Claimant’s costs, the High Court held that a Claimant’s Part 36 offer to accept only 0.3% less than the full sum being claimed was a “genuine offer to settle” under CPR 36.17(5)(e).

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The Times: Lloyds swap case settlement revealed

Katherine Griffiths, of The Times newspaper, reports on our Financial Services Litigation team’s recent success in a swaps mis-selling litigation case where a speculative financial instrument, namely a multi-cancelable swap, was sold…