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statutory offer of settlement
(redirected from Offer of judgment)

   Also found in: Wikipedia 0.01 sec.

statutory offer of settlement n. a written offer of a specific sum of money made by a defendant to a plaintiff, which will settle the lawsuit if accepted within a short time. The offer may be filed with the court, and if the eventual judgment for the plaintiff is less than the offer, the plaintiff will not be able to claim the court costs usually awarded to the prevailing party.



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However, any offer of admission of liability, settlement offer, or offer of judgment made by an insurer or self-insurer was requited to be made "in good faith and in the best interests of the insured.
Can an attorney protect his/her client's claim for reimbursement of attorney's fees by filing an offer of judgment (i.
Costs and fees or no costs and fees--The article asserts that Florida law is unclear whether an offer of judgment "exclusive of costs and fees" is valid and enforceable and as such raises an interesting discussion in part.
 
 
 
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