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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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there, There has been an issue between two parties and

Resolved Question:

Hi there,
There has been an issue between two parties and we have decided for an out of court settlement without any legal help at this stage. As a result Party A is agreeing to pay Party B an amount to settle the dispute. Both parties have agreed to this verbally.
If we draft up an agreement (without any legal help) which both parties agree to and which will put in writing that this is a full and final settlement between the two parties involved, will this be a legally binding agreement which will hold up in court if there were any sort of comebacks in future?
Thanks
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Alex Watts : Hello my name is ***** ***** I will help you with this.
Alex Watts : Yes this is called a Tomlin order.
Alex Watts : The proceedings will be stayed generally with liberty to apply.
Alex Watts : That is to apply to set aside in the event of default.
Alex Watts : The wording of the agreement is annexed to the Tomlin order staying proceedings.
Alex Watts : But if a party breaches if you can apply to the court to set aside the order and continue.
Alex Watts : This assumes proceedings have been issued.
Alex Watts : if proceedings have not then yes, you could sue for breach of contract
Alex Watts : Can I clarify anything for you about this today please?
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