A Settle Out Of Court Agreement is a formal agreement that resolves a dispute without the need to go to court. It lets parties to the dispute reach a resolution that both sides can accept. This kind of agreement can save you time, money and stress – especially when compared with going through the legal process in court. With a Settle Out Of Court Agreement, the terms are determined after extensive negotiation by all parties involved, allowing for a mutually beneficial conclusion. Most importantly, it allows both sides to move on with their lives in a way that respects the rights of both sides.
Want to find out more about procurement?
Access more blogs, articles and FAQ's relating to procurement