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JPR (a firm) brought proceedings against Philip claiming dam…

Posted byAnonymous August 10, 2021April 26, 2023

Questions

JPR (а firm) brоught prоceedings аgаinst Philip claiming damages in the sum оf £80,000. JPR made a Claimant's Part 36 offer three months before trial stating it would accept an offer in the sum of £50,000. Philip did not accept JPR's Part 36 offer. At trial, JPR obtained judgment for the full amount of its claim, namely £80,000. What order should the Court make in relation to JPR's damages, costs and the interest payable from the date the relevant period expired? [A]       JPR should be awarded interest on the sum of £80,000 at a rate not exceeding 5 % above base rate from the date the relevant period expired, costs on the indemnity basis from that date and interest on those costs at a rate not exceeding 5% above base rate, and an additional amount of £800. [B]       Unless the Court considers it unjust to do so, JPR should be awarded interest on the sum of £80,000 at a rate not exceeding 10% above base rate from the date the relevant period expired, costs on the indemnity basis from that date and interest on those costs at a rate not exceeding 10% above base rate, and an additional amount of £8,000. [C]       Unless the Court considers it disproportionate to do so, JPR should be awarded interest on the sum of £80,000 at a rate not exceeding 15% above base rate from the date the relevant period expired, costs on the indemnity basis from that date and interest on those costs at a rate not exceeding 15% above base rate, and an additional amount of £4,000. [D]          Unless the Court considers it contrary to the overriding objective, JPR should be awarded interest on the sum of £80,000 at a rate not exceeding 8% above base rate from the date the relevant period expired, costs on the indemnity basis from that date and interest on those costs at a rate not exceeding 8% above base rate, and an additional amount of £75,000.

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