Litigation Settlement Agreement

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Litigation Settlement Agreement
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Litigation Settlement Agreement

Litigation Settlement Agreement

A legally binding contract that resolves a dispute between parties without proceeding to court.

40,595.66

(4 customer reviews)

Description

A Litigation Settlement Agreement is a contract that outlines the terms under which two parties resolve a dispute outside of court. This agreement details financial compensation, obligations, confidentiality clauses, and any other settlement conditions agreed upon by both parties. Settlements are often used in cases involving employment disputes, business contract breaches, personal injury claims, and intellectual property conflicts. By signing this agreement, parties avoid prolonged legal battles and litigation costs. The contract may also include provisions preventing future lawsuits related to the same issue.