Three Things Solicitors Should Know About Cross-Claims
JOHN FASHA discusses set-offs, cross-claims for or against insolvent companies or companies under administration, and restrictions on securities for costs for those who have used cross-claims. A CROSS-CLAIM IS AN ACTION brought by a defendant against the plaintiff, another co-party or a third party1 to counter or set-off to reduce or extinguish the plaintiff’s claim. This is…