Q&As

In a claim against a company and guarantors, where there are different rates of interest the claimant is entitled to, and as such, damages, interest against the company, interest against the guarantors, and costs and pleaded, how should the value of the claim be calculated for the purposes of the claim form?

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Produced in partnership with Chris Bryden of 4 King’s Bench Walk
Published on LexisPSL on 27/04/2020

The following Dispute Resolution Q&A produced in partnership with Chris Bryden of 4 King’s Bench Walk provides comprehensive and up to date legal information covering:

  • In a claim against a company and guarantors, where there are different rates of interest the claimant is entitled to, and as such, damages, interest against the company, interest against the guarantors, and costs and pleaded, how should the value of the claim be calculated for the purposes of the claim form?

In a claim against a company and guarantors, where there are different rates of interest the claimant is entitled to, and as such, damages, interest against the company, interest against the guarantors, and costs and pleaded, how should the value of the claim be calculated for the purposes of the claim form?

It will often be the case that, where a claim is brought against more than one party, whether on the basis of multiple linked causes of action or in the alternative, the quantum of the claim may vary depending on against whom the claim succeeds. This might well be the case where, for example, the claim is for contractual interest, as in this scenario, and thus the quantum will depend upon who is liable.

CPR 16.3 provides that where a claimant is making a claim for money, they must, in the claim form, state the amount of money claimed, and the claimant expects to recover not more than £10,000; more than £10,000 but not more than £25,000, or more than

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