Washington Amended and Restated Settlement Agreement
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How to fill out Amended And Restated Settlement Agreement?
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FAQ
Once a settlement has been reached by both parties, your attorney will notify the court, which will then issue an Order of Settlement requiring the completion and signing of all relevant documents within 30 to 60 days. The Settlement Release form is an important step in the process.
A hearing shall be held on the issue of the reasonableness of the amount to be paid with all parties afforded an opportunity to present evidence. A determination by the court that the amount to be paid is reasonable must be secured.
A settlement agreement records the terms of a compromise which has been agreed between the parties to a dispute. It is a useful tool to conclude a dispute, set clear obligations for everyone involved and reduce the risk of future disputes and litigation arising between the parties.
An agreement that ends a dispute and results in the voluntary dismissal of any related litigation. Regardless of the exact terms, parties often choose to keep their settlement agreements private.
Yes, once all the necessary written concurrences are obtained, a settlement agreement is binding on both parties.
Although the law presumes that settlement agreements are valid, they generally are subject to contract defenses, including mistake, unconscionability, duress, undue influence, and fraud.
Amended Settlement Agreement means this agreement and all of its attachments, as each may be amended from time to time pursuant to Section 17.27 (Amendments).