We have concluded our arbitration at the end of 2021 and are awaiting the arbitrator’s decision. Last week I received a new offer to settle from my ex which I find perplexing. According to the family law rules, for an offer to have costs consequences it must be presented 7 days before trial. I don’t understand why he would make an offer to settle AFTER our arbitration. He erroneously claims it will save us both legal fees. It may save me one or two thousand dollars but I have already spent in excess of $100,000 on the arbitration alone, so I don’t see any savings to be had. His offer is a low ball offer in which he is primarily asking to be absolved of any costs he may owe me and to have his assets unfrozen immediately ( even before he has paid my settlement).
Does anyone else have experience with offers to settle being made after arbitration or trial is concluded and while waiting for a final judgment? Unless you are going to offer everything the other party wants plus throw in some money for costs, what is the purpose to make an offer after trial has concluded? Doesn’t seem rational to me.
Does anyone else have experience with offers to settle being made after arbitration or trial is concluded and while waiting for a final judgment? Unless you are going to offer everything the other party wants plus throw in some money for costs, what is the purpose to make an offer after trial has concluded? Doesn’t seem rational to me.
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