A declaratory judgment is a legal tool that allows a court to make a statement or ruling on a legal issue or dispute without necessarily awarding damages. These rules govern the procedure for obtaining a declaratory judgment.The existence of another adequate remedy does not preclude a declaratory judgment. A declaratory judgment is a court-issued judgment that defines and outlines the rights and obligations of each party in a contract. Malibu media can voluntarily dismiss the action before the court is a final judgment and allowing the counterclaim to proceed. A declaratory judgment provides a strategic means of resolving uncertainty, such as when claims are imminent. Declaratory Judgment. Declaratory Judgment. STEP 2: Fill out the "Summons" form. Declaratory judgments can provide legal certainty to each party in a matter when this could resolve or assist in a disagreement.