Wednesday, September 17, 2014 9:30 AM EST

Settlement

In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. The term "settlement" also has other meanings in the context of law.

A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when parties sue (or contemplate so doing) each other in civil proceedings. The plaintiff(s) and defendant(s) identified in the lawsuit can end the dispute between themselves without a trial.

The contract is based upon the bargain that a party foregoes its ability to sue (if it has not sued already), or to continue with the claim (if the plaintiff has sued), in return for the certainty written into the settlement. The courts will enforce the settlement: if it is breached, the party in default could be sued for breach of that contract. In some jurisdictions, the party in default could also face the original action being restored.

Headlines Around the Web

Sebi not to settle insider trading cases

Dec 25 - The Times of India

Sensex falls 68 points ahead of F&O expiry

Dec 24 - The Times of India

Judge approves $500m BofA mortgage deal

Dec 07 - Financial Times

Articles About Settlement

Ukraine Independence Day
Ukraine Says Ceasefire Is Working Fine And Russian forces Are Withdrawing From Its Territory

By IBTimes AU

Ukraine's announcement is a welcome change from the past when it was blaming Russia for all its problems (Sep 11)

MORE TOPICS: EUROPEAN UNION, RUSSIA, UKRAINE

Australian Prime Minister Tony Abbott
Australia Rejects UN Charge Of Rights Violations On Asylum Seekers

By IBTimes AU

The UN needs to evolve mechanisms to fix such cases before engaging in a public debate (Sep 10)

MORE TOPICS: IRAQ, HUMAN RIGHTS, AUSTRALIA, UNITED NATIONS, INTERNATIONAL LAW, HUMAN RIGHTS LAW

IRAQ-SECURITY/
Fridays Become ISIS’ Beheading Event In Syria

By IBTimes AU

The United Nations commission of inquiry found that executions are common spectacle in Syria (Aug 29)

MORE TOPICS: UNITED NATIONS, INTERNATIONAL LAW

'The Mindy Project' Season 3 Spoilers: Danny And Mindy's Relationship To Hit Rough Patch, Danny To Go Through Divorce Settlement With First Wife

By IBTimes AU

"The Mindy Project" season 3 spoilers suggest that Danny and Mindy's relationship will not last long. (Aug 27)

MORE TOPICS: NEW YORK

Nick Cannon, Left, Speaks To A Reporter While His Wife Mariah Carey, 2nd Right, Looks On.
Mariah Carey-Nick Cannon Divorce Looms, Kim Kardashian To Blame--- Reports

By IBTimes AU

Reports claimed the couple is facing an impending divorce and the "KUWTK" star is said to be the reason. (Aug 25)

MORE TOPICS: NEW YORK, KIM KARDASHIAN

Miami Heat's Dwyane Wade (L) goes up to shoot over San Antonio Spurs' Manu Ginobili during the first quarter in Game 1 of their NBA Finals basketball series in San Antonio, Texas June 5, 2014.
Dwyane Wade Faces Foreclosure on His Chicago Property

By IBTimes AU

Dwyane Wade is reportedly facing foreclosure on his Chicago property. (Aug 20)

MORE TOPICS: TWITTER, COURT, LAWYER, MORTGAGE

Britain's Queen Elizabeth With Pope Francis
Queen Elizabeth Throws Camilla Parker-Bowles Out Of Kensington Palace, Duchess Exiled From Britain – Reports

By IBTimes AU

The feud between Queen Elizabeth and Camilla Parker-Bowles is getting messier everyday as new reports emerged that the Queen is kicking the Duchess out of Kensington Palace. Known for her alcohol addiction, Prince Charles' wife is reportedly to ... (Aug 18)

MORE TOPICS: CAMILLA PARKER BOWLES, ADDICTION, KATE MIDDLETON

Corpse
Aussie Female Stripper Accused of Killing Ex-Partner, Dumping Body Then Having Sex With Murder Accomplice

By IBTimes AU

After allegedly having her ex-partner killed by two male accomplices, a 41-year-old woman threw the man's body from a cliff and made love to her current lover in a nearby secluded sport in Kyneton. Then they drove back to Preston. (Aug 12)

MORE TOPICS: COURT

The Conjuring: Annabelle Release Date Announced, Legal Dispute Plays Spoilsport [Movie Trailer VIDEO]

By IBTimes AU

"Annabelle," the spin-off "The Conjuring," is scheduled to hit the screens across the U.S. this autumn, Oct. 03. The new film of "The Conjuring" series is one of the most anticipated films of this year, but the legal dis... (Aug 01)

MORE TOPICS: COURT, HOLLYWOOD

Roger Federer of Switzerland returns the ball to Ernests Gulbis of Latvia during their men's singles match at the French Open tennis tournament at the Roland Garros stadium in Paris June 1, 2014.
Roger Federer Forced to Take Down Children's Play Area on his Property in Valbella

By IBTimes AU

Local residents are having problems with the stilted wooden playhouse and slide in the grounds of Roger Federer's property in Valbella, in the canton of Graubünden. (Jul 31)

MORE TOPICS: LAWYER