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Private FDR’s

Private FDR’s

The Financial Dispute Resolution hearing (FDR) is a key stage of the financial proceedings held within the court process where a judge provides his or her opinion of the likely outcome if the case proceeds to a full hearing. The intention is that the parties then try and negotiate an agreement having heard that indication. However, given the pressures on the courts, judges have limited time to devote to each individual case.

The Private FDR mirrors the stage but differs from the court process as the parties specifically appoint the ‘judge’ who will make that case their absolute priority and will have had plenty of time to read into and thoroughly understand all the issues. Because the parties appoint the Private FDR judge, the hearing can be scheduled to take place on date convenient for them.

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