Settlement agreement and release: civil litigation (with drafting notes) | Practical Law

Settlement agreement and release: civil litigation (with drafting notes) | Practical Law

This is an example of a settlement or compromise agreement and release (with integrated drafting notes) that could serve as a useful starting point when drafting such an agreement. In order to ensure that a settlement agreement achieves its purpose, it is necessary for the agreement to be tailored to the particular circumstances of the matter in question.

Settlement agreement and release: civil litigation (with drafting notes)

Practical Law UK Standard Document 5-205-5564 (Approx. 27 pages)

Settlement agreement and release: civil litigation (with drafting notes)

by Peter Morton, K & L Gates
Maintained, England, Wales
This is an example of a settlement or compromise agreement and release (with integrated drafting notes) that could serve as a useful starting point when drafting such an agreement. In order to ensure that a settlement agreement achieves its purpose, it is necessary for the agreement to be tailored to the particular circumstances of the matter in question.
This settlement agreement should be read in conjunction with the integrated drafting notes. You may find it helpful to refer to the Checklist of issues to consider on drafting a settlement agreement.
If you need to prepare a settlement deed instead of a settlement agreement (for example, because there is no consideration passing between the parties), see Standard document, Settlement deed and release: civil litigation (with drafting notes).