International Settlement Agreements in the Context of Plane Crashes Flashcards
1
Q
What is a settlement?
A
A legal document where all parties in civil cases agree to an outcome of a judgment in advance.
2
Q
What are some characteristics of settlement agreements?
A
- Legally binding.
- Settles claims.
- Ends disputes regarding liability.
- Waiver of rights, confidentiality, non-disclosure.
3
Q
Can settlement agreements partially settle?
A
Yes.
4
Q
Besides money, what else can settlement agreements provide for?
A
Acknowledgment of fault or apology.
5
Q
Can settlement agreements be signed contrary to the law?
A
Yes, in the Netherlands. Not in the United States of America or in many parts of Asia.
6
Q
When is a settlement agreement valid?
A
When it is signed.
7
Q
When can settlement agreements be terminated?
A
- Judicial error.
- Fraud.
- Misleading.
- Force.
- Not fulfilling obligations (for example breach of confidentiality).
