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Stipulation of Dismissal means a ?Stipulation of Dismissal, ? ?Proposed Order? or such other document required by the local practice of the court in which a case is pending consistent with the form of Exhibit E or in such other form as is mandated by the Enrollment and Claims Form that serves the purpose of dismissing ...
Whereas a case that is dismissed ?with prejudice? is dismissed permanently, a case that is dismissed ?without prejudice? is only dismissed temporarily. This temporary dismissal means that the plaintiff is allowed to re-file charges, alter the claim, or bring the case to another court.
The parties' stipulation to dismiss the remaining claims without prejudice is not a final order that may be appealed as of right; it does not resolve the merits of the remaining claims and, as such, those claims are ?not barred from being resurrected on that docket at some future date.? Wickings v Arctic Enterprises, ...
It's basically an ?agreement? letting the judge know that the court can dismiss (end/close) the case pending against you.
The settlement agreement provides which party will be paying how much money to the other party and that the case will be dismissed. You and opposing counsel file a stipulated dismissal, ending the case.