Settlement (litigation)

In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. A collective settlement is a settlement of multiple similar legal cases.^[1] The term also has other meanings in the context of law. Structured settlements provide for future periodic payments, instead of a one time cash payment.

^ Erichson, Howard M. (2010–2011). "Uncertainty and the Advantage of Collective Settlement". DePaul Law Review. 60: 627. Retrieved 21 September 2021.

[1] Erichson, Howard M. (2010–2011). "Uncertainty and the Advantage of Collective Settlement". DePaul Law Review. 60: 627. Retrieved 21 September 2021.

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