Part 36 v Calderbank: rise of the reforms
By David Nessim and Jonathan Smart
There has been a lot of buzz about the Jackson reforms. Shoosmiths highlights a few considerations that demonstrate that when trying to settle a dispute, the battle still rages about which settlement mechanism (Part 36 or Calderbank) is more advantageous.
The reforms have caused what is expected to be a boom in claimant Part 36 offers as opposed to Calderbank offers.
For claimant offers made on or after 1 April 2013, the claimant will also receive an extra ‘bonus’ to the damages they are awarded at court (unless the court considers it ‘unjust’) if they make a Part 36 offer that is rejected by the defendant and go on to beat that offer at trial…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
On 12 December 2013, the OFT announced that a £380,000 settlement had been agreed in relation to a market sharing cartel involving two pharmaceutical suppliers.
As we head towards 2014, the finance market is becoming more optimistic and competitive.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…