Arizona Covenant Not to Sue
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FAQ
Under Arizona law, you are also required to file a claim with the state agency before you can file a lawsuit. The state only gives you 180 days to file your claim. You must also make sure that your claim is served upon a person in the agency who is actually authorized to accept the notice of the claim.
A covenant not to execute is an agreement by the plaintiff in a lawsuit not to enforce a money judgment against a defendant.
A ?covenant not to sue? is a legal term which means I promise not to file a lawsuit in court.
A covenant not to sue is a legal agreement in which the party seeking damages agrees not to sue the party that it has cause against. Covenants not to sue are used to settle specific legal issues outside of the court system.
A covenant not to execute is a contract where a defendant admits to liability and a set amount of damages, and the plaintiff agrees not to seek a judgment against the defendant based on that admission.
A ?covenant judgment? is an arrangement in which an insured defendant settles claims without the insurer's consent in exchange for a release from liability and assignment of potential bad faith claims against the insurer to the plaintiff.
