This form is used to set forth the terms and conditions stipulated to in order for parties to compromise for settlement on a claim brought under the Federal Tort Claims Act. This form is used pursuant to pursuant to 28 U.S.C. Section 2677.
Oklahoma Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 is a legal document used in the state of Oklahoma to outline the terms and conditions of a settlement agreement reached between a plaintiff and a defendant in a Federal Tort Claims Act (FTA) case. This stipulation is specifically governed by the provisions outlined in Section 2677 of Title 28 of the United States Code. The purpose of this document is to establish a compromise settlement that resolves the dispute between the parties involved. It provides a written agreement detailing the terms of the settlement, including any monetary compensation, releases of liability, and other conditions. In Oklahoma, there are various types of Stipulations for Compromise Settlement that may be utilized depending on the nature and circumstances of the case. These may include: 1. Personal Injury Settlement Stipulation: This type of stipulation is commonly used when a plaintiff has suffered physical or emotional injuries due to the negligence or wrongful acts of a federal employee or agency. 2. Property Damage Settlement Stipulation: When a plaintiff's property has been damaged or destroyed as a result of the actions of a federal employee or agency, this type of stipulation may be used to negotiate a settlement amount. 3. Medical Malpractice Settlement Stipulation: If the case involves allegations of medical negligence by federal healthcare providers, this stipulation outlines the terms of the settlement agreement reached between the parties. 4. Wrongful Death Settlement Stipulation: In cases where the negligence or misconduct of a federal employee or agency results in the death of an individual, this type of stipulation is employed to agree upon compensation for the deceased person's estate or beneficiaries. The Oklahoma Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 is a crucial legal document that ensures all parties involved in an FTA case reach a fair and just resolution. By utilizing this stipulation, the parties can avoid costly and prolonged litigation by determining a mutually agreed-upon compromise settlement that satisfies both the plaintiff's claims and the defendant's obligations under the law.
