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.
The Longs recently agreed the out-of-court settlement to avoid the costs of a further court hearing, according to Mr McMeekin.
This is the second out-of-court settlement the two chemical firms have made in the antitrust case.
The out-of-court settlement, the terms of which remain undisclosed, is the first with relatives based in the US and the eighth settlement in total - with the other families based in Europe.
Though it now seems anticlimactic, Occidental Chemical Corporation and the State of New York have finally reached an out-of-court settlement regarding responsibility for the Love Canal disaster.
At press time, insiders said that after several weeks of negotiations, an out-of-court settlement of $8 million to $15 million was expected to be approved by the full Los Angeles City Council.
ISLAMABAD -- Pakistan is making a last-ditch effort for an out-of-court settlement in the Reko Diq mining case, wherein the complainant company whose contract was terminated is claiming $11.43 billion in damages in an international tribunal.
The office of the Director of Public Prosecutions denied being involved in an out-of-court settlement.
The 82-year-old paid e1/4500 in an out-of-court settlement.
"The action was resolved on Wednesday, 24th April, 2013 by an out-of-court settlement, the terms of which are confidential.
Summary: Indian Civil Aviation Minister Vayalar Ravi will meet families of Mangalore air crash victims in New Delhi tomorrow to discuss ways to reach an out-of-court settlement in their compensation claims
London, Sep 6 (ANI): Kate Hudson has had an out-of-court settlement over a lawsuit in which she was accused of stealing the idea for a line of haircare products.