What is the difference between a formal offer and a final judgment?

British Columbia, Canada


The following excerpt is from Gregory v. Insurance Corporation of British Columbia, 2010 BCSC 1369 (CanLII):

As I have already stated, the formal offer to settle was for 20 percent more than the final judgment, not an insignificant disparity. In Leus v. Laidman, 2008 BCSC 1819, the court described such a disparity as substantial and that therefore it was unreasonable to reject it.

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