Friday, July 25, 2014 9:21 PM 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

Singer Robin Thicke performs "Get Her Back" at the 2014 Billboard Music Awards in Las Vegas
Robin Thicke and Paula Patton's Marriage Seems Done for Good, House Up for Sale [Video]

By IBTimes AU

It seems that the eight years of marriage between Blurred Lines hitmaker Robin Thicke and his wife Paula Patton is already done for good. The couple's house in Los Angeles was already put up in the public listing on Monday. (3:24 pm)

MORE TOPICS: HOLLYWOOD, LOS ANGELES

PlayStation 4 Controller is Displayed at the 2014 Electronic Entertainment Expo, Known as E3, in Los Angeles
PS4 Firmware Update 1.75 Brings Blu-Ray and More, Now TV App Already Here and Sony’s $15 Million Settlement

By IBTimes AU

The PS4 will be getting another firmware update next week, this time bringing in 3-D Blu-ray support. Also, the Now TV App will be coming earlier to the PS4 than the Xbox One. (2:12 pm)

MORE TOPICS: TWITTER, SONY, LAWSUIT

A pregnant woman has her blood pressure measured by a hospital staff
Johns Hopkins Hospital Agrees To Pay $190 Million To Settle Gynaecology Scandal

By IBTimes AU

The Johns Hopkins Health System in the US will pay $190 million in compensation to more than 8,000 women whose bodies were videographed by a gynecologist using his pen-like camera during pelvic exams. According to a Global News report, the scandal accused Dr. (Jul 23)

MORE TOPICS: LAWSUIT

Titanfall
Titanfall vs. Killzone: Shadow Fall: More Screenshots of the Frontier and Marked for Death or a Gassy Expansion?

By IBTimes AU

The PlayStation and Xbox exclusive titles “Killzone Shadow Fall” and “Titanfall” each have DLC developments. (Jul 21)

MORE TOPICS: GOLD, SAMSUNG, TWITTER, SONY

Asian stock market
Australian Stock Market Report – Midday July 15, 2014

By Comsec

After a solid night on European and US markets, the Australian market opened higher this morning. But not by as much as the SPI futures index had expected. The All Ordinaries Index added 12points at the start of trade rose to an 20 point gain but by lunch the market fell away and was down 11pts. (Jul 15)

MORE TOPICS: GOLD, TWITTER, FACEBOOK, AUSTRALIA, RETAIL, COPPER

Prince Charles and Camilla Parker-Bowles
Queen Orders Prince Charles to Divorce Camilla Parker-Bowles, The End of More Than 3 Decades of Love Affair - Reports

By IBTimes AU

Recently celebrated their ninth wedding anniversary, royal couple Prince Charles and Camilla, the Duchess of Cornwall is allegedly going to have a divorce by the Queen's order. Reportedly known for swinging random threats at the royal family, Pr... (Jul 07)

MORE TOPICS: CAMILLA PARKER BOWLES, KATE MIDDLETON

Former French President Nicolas Sarkozy
French Authorities Detain Former President Nicolas Sarkozy for Questioning in Corruption Probe

By IBTimes AU

Former French President Nicolas Sarkozy is under detention in Paris by authorities for questioning over alleged corruption, specifically influence peddling. (Jul 02)

Rinehart Family Feud: Bianca Insists Hope is on Her Side Despite $45 Million Settlement from Mum Gina Rinehart

By IBTimes AU

Bianca Rinehart, he eldest daughter of Australia's richest person, Gina Rinehart, insisted to the court on Tuesday that younger half-sister Hope Welker is on her side in their family's legal battle for control of the $5 billion trust. (Jun 25)

MORE TOPICS: COURT, RIO TINTO, LAWYER, LAWSUIT

Rinehart Family Feud Turns for the Worse as John Calls Sister Ginia Moron, Oxygen Thief & Intellectually Disabled

By IBTimes AU

The warring Rineharts - Australia's richest family - are at it again as the clan returned on Tuesday, June 24, to court in an attempt to find a trustee for the $5 billion family trust. (Jun 24)

MORE TOPICS: COURT, RIO TINTO, LAWYER

APPLE-EARNINGS
Apple Inc. Granted ‘Iconic images’ Faceprinting Patent

By IBTimes AU

Apple Inc. is granted a faceprinting patent that automatically recognises ‘iconic images’ (Jun 19)

MORE TOPICS: APPLE INC., SAMSUNG, MANAGEMENT