Out-of-Court Settlement


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Out-of-Court Settlement

An agreement reached between the parties in a pending lawsuit that resolves the dispute to their mutual satisfaction and occurs without judicial intervention, supervision, or approval.

An out-of-court settlement provides that the parties relinquish their rights to pursue judicial remedies.

References in periodicals archive ?
This waste could be reduced with out-of-court settlements.
8m claim is believed to cover the legal costs of the Parkin/Friis litigation as well as the out-of-court settlements paid to the pair.
And in December last year hospital bosses offered him an out-of-court settlement less than 48 hours before the court hearing was due to start.
Circuit Opinions turned down IBM's appeal of the patent infringements then, forcing the firm to seek possibility of reaching out-of-court settlements with Asustek this October.
So Mr Malik did not obtain an out-of-court settlement.
Now they have offered an out-of-court settlement but it was an insult.
A West Ham boardroom source said: "It is utter garbage to suggest we are seeking to broker an out-of-court settlement with Sheffield United.
If an out-of-court settlement is reached, it is likely to be accompanied by nondisclosure agreements that will prevent the parties discussing the matter publicly.
THE widow of a West Midlands police officer killed on an undercover operation has been awarded pounds 285,000 in an out-of-court settlement.
Ashley's family reached an out-of-court settlement with the other girl's family through a homeowners insurance company, McElroy said.
Birmingham City Council confirmed that it had agreed the out-of-court settlement with Anna Mongey after she launched legal action following an incident at Lindsworth Special School in May 2001.
NORDIC BUSINESS REPORT-29 April 2005-Axis-Shield Plc reaches out-of-court settlement in the US(C)1994-2005 M2 COMMUNICATIONS LTD http://www.