Hi, partner is now at the stage of settlement with his ex employer.
A deed of settlement has been offered to be signed by him and the ex employer.
There is a clause in the deed that states - Each party will bear their own costs of and incidental to this matter and to the negotiations, preparation and execution of this Deed.
The ex employer is requesting the deed through his lawyer.
Are you able to please advise on the following questions, thank you.
Why does it have a clause stating paying own costs in preparation and execution of the Deed? Is the normally how it is done please?
They want it, shouldn't they wear the costs?
A deed of settlement has been offered to be signed by him and the ex employer.
There is a clause in the deed that states - Each party will bear their own costs of and incidental to this matter and to the negotiations, preparation and execution of this Deed.
The ex employer is requesting the deed through his lawyer.
Are you able to please advise on the following questions, thank you.
Why does it have a clause stating paying own costs in preparation and execution of the Deed? Is the normally how it is done please?
They want it, shouldn't they wear the costs?