Ivan Goodsell explains when a cost budget is required and how a late submission can be remedied.
A cost budget, also referred to as a ‘precedent H’, is a document often required during part 7 multi-track cases. The filing and exchange of a cost budget remains one of the most critical components litigators consider during multi-track cases.
It is vital for compliance that a cost budget is fully understood and executed accurately and promptly, especially in cases where a court directs it. The outcome and consequences of not getting a cost budget submission right can be severe and negatively impact the ability to recover costs that are outside of court fees.
When is a cost budget required?
For the vast majority of cases, and all parties except litigants in person, the filing an...
“There is another way of remedying the breach. However this must be immediate and prompt through the filing of an application for relief.”
