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Rule 11 has a safe harbor that allows the opposing party to withdraw an offending pleading within 21 days after he is served with the motion for sanctions. Many sanctions motions are denied because the party seeking sanctions writes a letter to the opponent, but does not actually serve a motion for sanctions.
A valid Rule 11 agreement must be in writing; signed by the parties and lawyers (if any); and filed with the court. Or, during a live hearing or proceeding, you can read your agreement into the court's record. The writing can be a handwritten or typed document, including an email.
Rule 11 states that a lawyer should not file papers in court that are not well-grounded in fact. Cheeseman's Rule 11 motion argued in essence that the plaintiff's lawsuit lacked factual support and that an adequate pre-suit investigation would have revealed that.
Rule 11 is intended to make sure that when an attorney or a party submits a legal document to the Court in a civil litigation, he believes in good-faith that the document is truthful, supported by the law, and is being submitted for an appropriate purpose.