Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Friday 23 January 2009
Contract Expert Determination
Many people in dispute prefer to avoid the courts and lawyers!
They prefer to ask an expert in the particular field to decide the argument between them without too much formality
Is such an expert determination binding or not? It is a matter of contract. The parties can decide although what is the point of doing it this way if the disappointed party can ignore the determination?
Informal determinations carry a risk of error and informality, but that is the price of speed and taking the cheaper option
They prefer to ask an expert in the particular field to decide the argument between them without too much formality
Is such an expert determination binding or not? It is a matter of contract. The parties can decide although what is the point of doing it this way if the disappointed party can ignore the determination?
Informal determinations carry a risk of error and informality, but that is the price of speed and taking the cheaper option
Labels: contracts dispute
# posted by michael @ 09:34 
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