Common use of WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED? Clause in Contracts

WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED?. So far, the Court has made no determination whether Plaintiff or Defendants are correct on the merits. In the meantime, Plaintiff and Defendants hired an experienced, neutral mediator in an effort to resolve the Action by negotiating an end to the case by agreement (settle the case) rather than continuing the expensive and time-consuming process of litigation. The negotiations were successful. By signing a written settlement agreement (“Agreement”) and agreeing to jointly ask the Court to enter a judgment ending the Action and enforcing the Agreement, Plaintiff and Defendants have negotiated a proposed Settlement that is subject to the Court’s Final Approval. Both sides agree the proposed Settlement is a compromise of disputed claims. By agreeing to settle, Defendants do not admit any violations or concede the merit of any claims. Plaintiff and Class Counsel strongly believe the Settlement is a good deal for you because they believe that: (1) Defendants have agreed to pay a fair, reasonable and adequate amount considering the claims and the risks and uncertainties of continued litigation; and (2) Settlement is in the best interests of the Class Members and Aggrieved Employees. The Court preliminarily approved the proposed Settlement as fair, reasonable and adequate, authorized this Notice, and scheduled a hearing to determine Final Approval.

WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED?. So far, the Court has made no determination whether Plaintiff Defendant or Defendants Plaintiffs are correct on the merits. In the meantime, Plaintiff Plaintiffs and Defendants Defendant hired an experienced, neutral mediator in an effort to resolve the Action by negotiating an end to the case by agreement (settle the case) rather than continuing the expensive and time-consuming process of litigation. The negotiations were successful. By signing a written settlement agreement (“Agreement”) and agreeing to jointly ask the Court to enter a judgment ending the Action and enforcing the Agreement, Plaintiff Plaintiffs and Defendants Defendant have negotiated a proposed Settlement that is subject to the Court’s Final Approval. Both sides agree the proposed Settlement is a compromise of disputed claims. By agreeing to settle, Defendants do Defendant does not admit any violations or concede the merit of any claims. Plaintiff Plaintiffs and Class Counsel strongly believe the Settlement is a good deal for you because they believe that: (1) Defendants have Defendant has agreed to pay a fair, reasonable and adequate amount considering the claims and the risks and uncertainties of continued litigation; and (2) Settlement is in the best interests of the Class Members and Aggrieved Employees. The Court preliminarily approved the proposed Settlement as fair, reasonable and adequate, authorized this Notice, and scheduled a hearing to determine Final Approval.

WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED?. So far, the Court has made no determination whether MASI or Plaintiff or Defendants are is correct on the merits. In the meantime, Plaintiff and Defendants XXXX hired an experienced, neutral mediator in an effort to resolve the Action by negotiating an to end to the case by agreement (settle the case) rather than continuing the expensive and time-consuming process of litigation. The negotiations were successful. By signing a lengthy written settlement agreement (“Agreement”) and agreeing to jointly ask the Court to enter a judgment ending the Action and enforcing the Agreement, Plaintiff and Defendants MASI have negotiated a proposed Settlement that is subject to the Court’s Final Approval. Both sides agree the proposed Settlement is a compromise of disputed claims. By agreeing to settle, Defendants do XXXX does not admit any violations or concede the merit of any claims. Plaintiff and Class Counsel strongly believe the Settlement is a good deal for you because they believe that: (1) Defendants have MASI has agreed to pay a fair, reasonable and adequate amount considering the strength of the claims and the risks and uncertainties of continued litigation; and (2) Settlement is in the best interests of the Class Members and Aggrieved Employees. The Court preliminarily approved the proposed Settlement as fair, reasonable and adequate, authorized this Notice, and scheduled a hearing to determine Final Approval.

WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED?. So far, the The Court has made no determination whether Plaintiff on Plaintiff’s claims or Defendants are correct on the meritsallegations. In an effort to resolve the meantimeAction, Plaintiff and Defendants Defendant hired an experienced, neutral mediator to assist them in negotiating an effort to resolve end the Action by negotiating an end to the case by agreement (settle the case) rather than continuing the expensive and time-consuming process of litigation. The negotiations were successful. By signing a lengthy written settlement agreement (“Agreement”) and agreeing to jointly ask the Court to enter a judgment ending the Action and enforcing the Agreement, Plaintiff and Defendants Defendant have negotiated a proposed Settlement that is subject to the Court’s Final Approval. Both sides agree the proposed Settlement is a compromise of disputed claims. By agreeing to settle, Defendants do Defendant does not admit any violations or concede the merit of any claims. Plaintiff and Class Counsel strongly believe the Settlement is a good deal for you because they believe that: (1) Defendants have Defendant has agreed to pay a fair, reasonable and adequate amount considering the strength of the claims and the risks and uncertainties of continued litigation; and (2) Settlement is in the best interests of the Class Members and Aggrieved Employees. The Court preliminarily approved the proposed Settlement as fair, reasonable and adequate, authorized this Notice, and scheduled a hearing to determine Final Approval.

WHAT DOES IT MEAN THAT THE ACTION HAS SETTLED?. So far, the The Court has made no determination not decided whether Plaintiff or Defendants are correct on the meritscorrect. In the meantime, Plaintiff and Defendants hired reached a settlement by mediating this Action with an experienced, experienced neutral mediator in an effort to resolve the Action by negotiating an to end to the case by agreement (settle the case) rather than continuing the expensive and time-consuming process of litigation. The negotiations were successful. By signing a lengthy written settlement agreement (the “Settlement Agreement”) and agreeing to jointly ask the Court to enter a judgment ending the Action and enforcing the terms of the Settlement Agreement, Plaintiff and Defendants have negotiated a proposed Settlement settlement that is subject to the Court’s Final Approvalfinal approval. Both sides agree the proposed Settlement settlement is a compromise of disputed claims. By agreeing to settle, Defendants do not admit any violations or concede the merit merits of any of Plaintiff’s claims. Plaintiff and Class Counsel strongly believe that the Settlement settlement is a good deal for you because they believe that: (1a) Defendants have agreed to pay a fair, reasonable reasonable, and adequate amount considering the strengths of the claims and the risks and uncertainties of continued litigation; and (2b) Settlement settlement is in the best interests of the Class Members and the Aggrieved Employees. The Court preliminarily approved the proposed Settlement settlement as fair, reasonable reasonable, and adequate, authorized this Notice, and has scheduled a hearing to determine Final Approvalfinal approval.