During the course of litigation, there is almost always strategic consideration given to the idea of settling the matter before trial. Settlement can be accomplished in a number of ways. Mediation and negotiation are formal methods requiring the use of a neutral third party. There are also informal methods, generally simply contacting the opposing attorney with a settlement offer. Offers and Demands for Judgment are “semi-formal” as they do not require the use of a third party but, when made, the terms of these offers have more significant consequences than an email or phone call might.

File Type: pdf
Categories: 2023, Author, Commercial Law World, Volume 37 Issue 4
Tags: creditors'rights
Author: Gil Singer