Settlement (litigation)
Resolution between disputing parties about a legal case / From Wikipedia, the free encyclopedia
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"Collective settlement (litigation)" redirects here. For an intentional community, see Collective settlement.
"Settlement agreement" redirects here. For settlement agreements in relation to employment matters in the UK, see Compromise agreement.
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.