floydbloke:
Geektastic:
...
Outcome? Lands Tribunal agree with me, award him £250,000 and my employer's costs bill circa £500,000.
Remember - at the beginning I offered him £1 million in cash....!
I hope you spent the left-over £250k on women, booze and a fancy car, and that you didn't just fritter it away.😆
We got nothing. The CP rules require that you pay your valuation up front before the dispute is heard. He spent that on legal fees and the land was owned by a limited company and that was the only asset - which we already legally owned anyway!
Upshot it cost my employer £750k but that was still cheaper than any other outcome - it just took a lot longer and involved many more people...!