Thursday, July 31, 2014 1:26 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

Golfer Tiger Woods and his wife, Elin Nordegren
5 Insanely Expensive Divorce Settlements In Hollywood

By IBTimes AU (No Google news)

With Hollywood weddings, "prenup" is the operative word. (4:12 pm)

MORE TOPICS: TIGER WOODS, HOLLYWOOD

Canada's Prime Minister Stephen Harper speaks in the House of Commons
Canada Claims Good Progress in EU Trade Pact Despite Germany’s Defiant Postures

By IBTimes AU

.Canada is getting ready to clinch a trade deal with the European Union. The CBC CA report says the Canadian Trade Minister Ed Fast’s office is claiming excellent progress in the trade pact despite reports of Germany being unhappy. (3:14 pm)

MORE TOPICS: GERMANY, LAW FIRM, EUROPEAN UNION

An employee of Samsung Electronics walks past the company main office in Seoul in this April 6, 2010 file photo.
Samsung Galaxy Alpha Confirmed with 720p Screen; Updates on the Tizen Smartphone Release

By IBTimes AU

The Samsung Galaxy Alpha has once again surfaced, this time with a confirmation of its 720p display. Also, Samsung is delaying the release of the Tizen phone again due to a considerably fewer developers for apps. (Jul 29)

MORE TOPICS: SAMSUNG, RUSSIA, SMARTPHONE, ANDROID

Tsunekazu Ishihara, President and Chief Executive Officer of The Pokemon Company and Producer of Pokemon, Introduces the New 'Pokemon Art Academy' Game During a News Conference at the 2014 Electronic Entertainment Expo, Known as E3, in Los Angeles
Before Pokemon Omega Ruby and Alpha Sapphire: TwitchPlaysPokemon Goes X and Y, More Events and More Gym Leader Info

By IBTimes AU

Check out these new events, Pokemon distribution and Twitch Plays Pokemon for “Pokemon X and Y” as the release date for “Pokemon Omega Ruby and Alpha Sapphire” nears. (Jul 29)

MORE TOPICS: NINTENDO, GERMANY, JAPAN, RELIGION

Prince Charles and Camilla Parker-Bowles
Camilla Parker-Bowles Filing for Divorce, Duchess Seeks Help from Kate Middleton - Reports

By IBTimes AU

Married to England's Prince Charles is never easy and Camilla Parker-Bowles can attest to that as she claimed that her husband has a plot to kill her just like what he did to his previous wife, Princess Diana. (Jul 28)

MORE TOPICS: CAMILLA PARKER BOWLES, COURT, ADDICTION, KATE MIDDLETON, LONDON

Minecraft
Minecraft 1.8 Snapshot 14w30c Released; Partnership with Lego to Reveal Toys This Fall

By IBTimes AU

A new snapshot for “Minecraft 1.8” has been released as news of a partnership between Lego and Minecraft break. (Jul 28)

MORE TOPICS: SAMSUNG, ANDROID

Cheating with Kristen Stewart Costs Rupert Sanders Huge Alimony: Wife Liberty Ross Benefited Largely in Terms of Money

By IBTimes AU

Kristen's affair with Rupert Sanders has turned out to be a profitable deal for Liberty Ross, at least monetarily. Kristen Stewart's brief affair with his "Snowman and his Huntsman" director Rupert Sanders has cost the director a... (Jul 27)

MORE TOPICS: COURT, LOS ANGELES, LONDON

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. (Jul 25)

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. (Jul 25)

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