Not sure if this process is similar to accident claims against insurance companies....? In these cases the two sides come together (without a judge) and discuss the case, if the claimant has a strong case the insurance co will offer a settlement not to go to court, it is then up to the claimant and barrister to either take the offer (depending on the strength of their case), or take it to court if they think they will definitely win - this equals a bigger payout in most cases. If this happens you will find that just prior to the court date, the insurance company will offer a bigger amount so as not to go to court and lose. Depending on when you take the offer, depends on how much of your court/ solicitors fees the insurance company have to pay.
Gee wouldn't it be nice if it was an open court session, I wonder whether we will see a trading halt tomorrow. Here's hoping the courts don't get flooded. Big thoughts to any holders being effected in the horrendous whether.
Not sure if this process is similar to accident claims against...
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