Illinois Dismissal with Prejudice Pursuant to Settlement Agreement is a legal action that is taken when a court has determined that the case should be dismissed and the parties have reached a mutually agreed upon settlement. This type of dismissal is usually made when the parties have agreed to a settlement that resolves the dispute and renders any further court action unnecessary. In Illinois, a dismissal with prejudice is a final judgment of the court and bars any further litigation or claims between the parties on the same subject. There are two types of Illinois Dismissal with Prejudice Pursuant to Settlement Agreement: a voluntary dismissal and an involuntary dismissal. In a voluntary dismissal, the parties agree to dismiss the case by mutual agreement. This type of dismissal usually requires court approval, and the court will enter a dismissal order with prejudice. In an involuntary dismissal, the court may order the case to be dismissed with prejudice after a motion is filed by one of the parties. This type of dismissal usually occurs when the court finds that there is no legal basis for the dispute. In both cases, the dismissal will be with prejudice, meaning that the court has determined that the case should not be re-litigated.