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 Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel over seven months, including use of a court- appointed mediator, an all-day session with a private national mediator, and additional arm’s length negotiations. 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, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, after more than three years of litigation, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s Defendants’ counsel over seven months, including use of a court- appointed mediator, an and multiple all-day session sessions with a private national mediator, and additional arm’s length negotiations. The Settlement only was reached on the first date of trial in this case. 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, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel over seven four months, including use of a court- appointed mediator, an all-day session with a private national mediator, and additional arm’s length negotiations. 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, who are highly experienced in this kind of matter, and the Class Representatives believe that the Settlement is best for all Class Members.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant Xxxxxx have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s Defendant Xxxxxx’x counsel over seven five months, including use of a court- appointed mediator, an all-day session with a private national mediatormediator experience in ERISA claims, and additional arm’s length negotiations. 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, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, after more than four years of litigation, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel over seven months, including use of a court- appointed mediator, an all-day session and multiple sessions with a private national mediator, and additional arm’s length negotiations. The Settlement only was reached shortly before the trial in this case. 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, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.