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A settlement is a voluntary agreement between two parties that ends a dispute and results in the dismissal of any litigation. A settlement can be beneficial because it speeds up the process of litigation and thereby avoids ongoing legal fees.

' The American judicial system favors such settlements as a means of resolving disputes between parties. However, because judicial participation in settlement negotiations constitutes a form of judicial control in the preparation and presentation of civil cases, offended party will not receive his full claim.

1. 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. 2. In business law, the payment, satisfaction, and closing of an account.

HI, settlement rules are stored in tables COBRA, COBRB.

Discussion: Rule 3-510 is intended to require that counsel in a criminal matter convey all offers, whether written or oral, to the client, as give and take negotiations are less common in criminal matters, and, even were they to occur, such negotiations should require the participation of the accused.

Settlement Rules means rules, procedures, standards or bylaws used by Settlement Participants. Settlement Rules means the rules, procedures, internal policies, standards or bylaws used by Intermediaries or by us, or to which Intermediaries or we may be subject.

Creating a Settlement Rule Choose Settlement rule in the master data maintenance for the relevant sender object. ... You maintain settlement rules in Customizing under Controlling Internal Orders Actual Postings Settlement Maintain Settlement Profiles . Choose Edit New rule or enter the value directly.