In either case, it involves communication from one party to the other suggesting a settlement, or an agreement to fully and finally resolve the outstanding issue, account, or dispute.
[2] One factor leading to change was an Appeal Court hearing in the case of Gibbon v Manchester City Council (2010), where "the central question raised [was] whether Part 36 embodies a self-contained code or is subject to the general law of offer and acceptance insofar as it fails expressly to provide otherwise".
An offer of compromise is a pleading that gets filed with a court to settle a case for a specific amount of money.
Interest runs at a rate of 8% over the offer amount and relate back to the date the lawsuit was filed.
This process involves making an offer by either party and how the judgment amount affects whether legal fees and costs will be awarded.