Hawaii Covenant Not to Sue

State:
Multi-State
Control #:
US-01709-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a convenant not to sue. Party A agrees not to sue Party B for any occurance related to a past event, in return for compensation. Usually used in the context of a settlement agreement. Adapt to fit your circumstances.
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FAQ

Section 481A-3 prohibits false and fraudulent advertisements and such advertisements are treated as deceptive trade practices. False advertising is also prohibited under Section 708-871 under the Hawaii Penal Code. Such advertising acts are considered to be misdemeanor under the Code.

Any person may bring a claim of unfair methods of competition based upon conduct that could also support a claim of unfair or deceptive acts or practices as long as the nature of the competition is sufficiently alleged in the complaint.

Business § 480-4. (a) Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce in the State, or in any section of this State is illegal.

A release is a waiver or relinquishment of a known right. A release of liability will relinquish or destroy the injured party's cause of action. A covenant not to sue, on the other hand, is not a waiver of a known right; nothing is relinquished or destroyed.

§480-1 Definitions. As used in this chapter: "Class action" includes the definition as provided in rule 23 of the Hawaii rules of civil procedure. "Commodity" includes, but is not restricted to, goods, merchandise, produce, choses in action, and any other article of commerce.

Under Hawai?i law, pursuant to HRS § 480-4(a), ?Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce in the State, or in any section of this State is illegal.? HRS § 480-4(c) then enumerates several types of restrictive covenants that may be lawfully entered ...

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Hawaii Covenant Not to Sue