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OUTLOOK: The Commercial, Construction and International Arbitration podcastEpisode from the podcastOUTLOOK: The Commercial, Construction and International Arbitration podcast
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The Divide Between Incurred and Budgeted Costs - with Judith Ayling

The Divide Between Incurred and Budgeted Costs - with Judith Ayling

Released Tuesday, 4th August 2020
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The Divide Between Incurred and Budgeted Costs - with Judith Ayling

The Divide Between Incurred and Budgeted Costs - with Judith Ayling

The Divide Between Incurred and Budgeted Costs - with Judith Ayling

The Divide Between Incurred and Budgeted Costs - with Judith Ayling

Tuesday, 4th August 2020
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In this episode, Judith talks about the problems in costs management caused by the divide between incurred and budgeted costs, and the recent changes to PD3E.  She also talks about budget revision and yet more changes to come to budgeting, with a whole new procedure for revision.

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OUTLOOK: The Commercial, Construction and International Arbitration podcast

Here's a flavour of what you can expect from OUTLOOK: The Commercial, Construction and International Arbitration podcast...In episode 1 Judith Ayling talks about the problems in costs management caused by the divide between incurred and budgeted costs, and the recent changes to PD3E. In episode 2, Shaman Kapoor answers the questions: What were the early experiences from the Pilot? What has amounted to “good reason” in notable cases? How will the Court deal with phases if it finds there is a good reason to depart?In episode 3 Marion Smith QC looks at recent case law dealing with third party costs orders. She considers how the court ensures that a liability for costs is shared fairly as between the losing party and (1) an expert and (2) a third party funder. In episode 4 Paul Darling QC analyses the circumstances in which the Court will award indemnity costs. What if the case was very weak? What if the claim failed when there was a Defendant’s Part 36 offer? Will the Court of Appeal interfere with a first instance Judge?

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