A Calderbank offer that is broadly comparable to the offeree's own expert valuation, made at a time when the offeree has sufficient information to assess the merits, and which would avoid disproportionate hearing costs, will be found to have been unreasonably rejected where the offeror substantially succeeds at trial.
The full text is available to signed-in members, including the 2 later cases that cite this judgment.
1 of the 2 citing cases carry a classified treatment. How each court treated it is available to signed-in members.