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Part 36: Rating the offer
Tom White and Claire Curtis report on the effect of currency fluctuations on Part 36 offers ‘The only reason that Novus “beat” its own offer was not because it had recovered a higher proportion of its claim, but because the value of sterling had fallen significantly against the dollar.’Part 36 is intended to provide a …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Barnett & anor v Creggy [2015] EWHC 1316 (Ch)
- Novus Aviation Ltd v Alubaf Arab International Bank BSC(c) [2016] EWHC 1937 (Comm)