Professor Dominic Regan of City Law School provides a ‘costs crammer’, in this week’s NLJ, in the first of a special refresher series.
This article focuses on Part 36 offers, which can be tricky but also highly lucrative if unaccepted as the offeror becomes eligible for an uplift. Moreover, as Regan points out, ‘in every action there are two bites of this luscious cherry’.
Regan gives examples of astounding Part 36 success…including a case which saw ‘a claimant who bettered their Part 36 quantum offer by just £4,500 reap an uplift of £65,000, interest at 6% above base and indemnity costs’.
In this valuable and, as always, amusingly written column, Regan provides insightful advice and commentary: see the first costs crammer here.
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