Chapter 16 (Settlements) FINAL Flashcards

1
Q

Pretrial Conference

A

A meeting between the parties before the court after litigation has commenced, but before trial begins

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2
Q

Settlement Brochure

A

A brochure that sets out the background of the plaintiff along with the evidence showing liability and damages

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3
Q

Release

A

A discharge of all claims against the parties as well as against any persons against whom the same claims are or could have been asserted

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4
Q

Indemnification

A

A claim allowing one party who has paid for a liability to recover completely form another party

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5
Q

Offer of Judgment

A

An offer by aq party defending claim to have judgment entered in a specific amount

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6
Q

Contribution

A

A theory for apprtioning liability among joint tortfeasors, so that the paying party may receive a propoetionate sum form the other nonpaying joint tortfeasors

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7
Q

Covenant Not to Sue

A

A contract between two or more parties in which the plaintff agrees not to sue or to pursue an existing claim against one or more defendants. (does not discharge parties)

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8
Q

Joint Tortfeasors

A

When two or more persons are liable to plaintff for the same injury

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9
Q

Structured Settlement

A

A settlement under which the plaintiff receives periodic payments rather that one lump sum (benefit is assured support over a period of years)

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10
Q

Termination of the Suit

A

File a motion to dismiss with the clerk of the court. (make sure the dismissal is with prejudice as it bars the plaintiff from refiling the claim later)

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