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Facts - Books - News    U.S. Facts Of Law:

A Legal Settlement

A settlement is a contract that is one possible result when parties sue (or contemplate so doing) each other in civil courts, usually seeking money as reparations for the alleged wrongdoing of the defendants. The plaintiff(s) and defendant(s) identified in the lawsuit can agree to resolve the dispute between themselves without a trial. The resolution of the lawsuit sets forth the obligations of the parties, and is often made effective by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money) the plaintiff and defendant can simply file a notice that the case has been dismissed. (see Legal Kits)

The majority of cases are decided by a legal settlement. Both sides often have a strong incentive to settle to avoid the costs (such as legal fees, finding expert witnesses, etc.), associated with a trial, particularly where a trial by jury is available. Generally, one side or the other will make a settlement offer early in litigation. The parties may hold (and indeed, the court may require) a settlement conference, at which they attempt to reach such an agreement.

In controversial cases, a settlement agreement may require both sides to keep its contents and all other information relevant to the case confidential. Confidentiality is not possible in class action cases in the United States, where all settlements are subject to approval by the court pursuant to Rule 23 of the Federal Rules of Civil Procedure and counterpart rules adopted in most states.

In criminal matters, a settlement is referred to as a plea bargain.

Claim Settlements

While most claims are settled before they reach court, when a case is more involved it may require the use of an "attorney" or a "lawyer". In the case of insurance companies, they may be more inclined to settle a case out of court to save on costs. Depending on the case, a person may deal directly with the company in question to come to a reasonable financial settlement without using an "attorney".

 

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Legal Settlement News
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Law Firms Ask Court To Force Plaquemines To Pay Its Share Of 45 Million BP Se...
NOLA.com Law firms ask court to force Plaquemines to pay its share of 45 million BP settlement NOLA.com A New Orleans law firm that represented Plaquemines Parish in its 45 million Deepwater Horizon oil spill damages settlement with BP has gone to federal court to demand its share of the settlement, which it says is 6.4 million. Plaquemines Parish

Facebook MessageScanning Class Settlement Gets Final OK Bloomberg BNA
Facebook Message Scanning Class Settlement Gets Final OK Bloomberg BNA Facebook Inc. has received final federal court approval of changes to its data collection practices to settle class claims that it systemically scanned users39 private messages Campbell v. Facebook, Inc. , 2015 BL 290958, N.D. Cal., No. 13 cv 05996 and more raquo

US OKs 1.1 Million Settlement With Agricultural Company Legal News Line
Legal News Line US OKs 1.1 million settlement with agricultural company Legal News Line WASHINGTON Legal Newsline The U.S. Department of Justice announced Aug. 15 that John Duarte and Duarte Nursery Inc. will pay 1.1 million in civil penalties and mitigation to resolve allegations of violating the Clean Water Act on property in

New York Secures 6.5 Million Settlement With Timeshare Building In Manhattan ...
Legal News Line New York secures 6.5 million settlement with timeshare building in Manhattan Legal News Line NEW YORK Legal Newsline New York Attorney General Eric T. Schneiderman announced Aug. 16 that the owners and operators of the Manhattan Club, a timeshare building in Manhattan, will pay 6.5 million to resolve allegations of making false

A Legal Settlement For The Mentally Ill, 14 Years In The Making, Nearly Falls...
WNYC A Legal Settlement for the Mentally Ill, 14 Years in the Making, Nearly Falls Apart WNYC That led to a class action lawsuit and a legal settlement that required the state to move mentally ill residents out of the homes and into their own apartments, with services attached, if they wanted to leave. Derner jumped at the opportunity and so

IMPORTANT NOTICE: The information provided by FactsOfLaw.com does not constitute legal advice or any other type of advice and is provided for educational purposes only without warranty of any kind. FactsOfLaw.com has not reviewed the information on this page for accuracy and is not responsible for any errors, omissions or inaccuracies.  For legal advice you should consult a licensed attorney. Source: wikipedia.org

 

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Facts of Law covering lawsuit settlement procedure

Facts of Law - Lawsuit Settlement