2 Flashcards

1
Q

Small Claims Track

A
  • Claims up to £10,000
  • In the County Court
  • Simple procedure and no costs can be claimed from the other side.
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2
Q

Fast Track Claims

A
  • Between £10,000 and £25,000
  • A timetable is set for the steps to be taken to simplify the case for the court and to keep costs to a minimum.
  • Heard in the County Court.
  • Costs are paid by the losing party.
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3
Q

multi track claims

A
  • Claims over £25,000
  • More flexibility in how the case is managed.
  • Can be heard in the County or High Court.
  • Costs are paid by the losing party
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4
Q

enforcing a judgement

A

A Distraint Order - The power to seize company assets.
- A Charging Order = The debt is secured against a home or other property
- Attachment of Earnings = Money is taken directly from wages to pay the debt
- Third Party Debt Order = This freezes money held by a third party e.g. a bank and then the money owed is paid directly from the bank to the winning party.
- Insolvency Proceedings = If a debt is £750 or more, the winning party can start insolvency proceedings against the debtor. The company is then wound-up and any debts paid.

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5
Q

What is the relationship between conciliation and mediation?

a. If conciliation fails, the next step will be mediation.
b. The mediator has more coercive power that a conciliator.
c. Generally, mediation takes much longer than conciliation.
d. Conciliation aims to assist the parties to a dispute to find a resolution by giving advice and making interventions. Mediation assists the parties to communicate with each other and find their own resolution to their dispute.

A

Conciliation aims to assist the parties to a dispute to find a resolution by giving advice and making interventions. Mediation assists the parties to communicate with each other and find their own resolution to their dispute.

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