Common use of Why is there a Settlement Clause in Contracts

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between the Class Representatives, Defendants, and their counsel. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel believe that the Settlement is best for all Class Members. Nothing in the Settlement Agreement is an admission or concession on Defendants’ part of any fault or liability whatsoever. The Settlement has been entered into to avoid the uncertainty, expense, and burden of additional litigation.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives Representative and Defendants the Defendant have agreed to the Settlement. The Settlement is the product of extensive arm’s-length negotiations between the Class RepresentativesRepresentative, Defendantsthe Defendant, and their counsel. The parties to the Settlement have taken into account the uncertainty uncertainty, risks, and risks costs of litigation litigation, and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives Representative and Class Counsel believe that the Settlement is best for all Class Membersthe Settlement Class. Nothing in the Settlement Agreement is an admission or concession on Defendants’ the Defendant’s part of any fault or liability whatsoever. The Settlement has been They have entered into the Settlement Agreement to avoid the uncertainty, expense, and burden of additional litigation.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ Representative’s claims. Instead, the Class Representatives Representative and Defendants Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between the Class Representatives, DefendantsDefendant, and their counsel. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives Representative and Class Counsel believe that the Settlement is best for all Class Members. Nothing in the Settlement Agreement is an admission or concession on Defendants’ Defendant’s part of any fault or liability whatsoever. The Settlement has been entered into to avoid the uncertainty, expense, and burden of additional litigation.