This form is used to set forth the terms and conditions stipulated to in order for parties to compromise for settlement on a claim brought under the Federal Tort Claims Act. This form is used pursuant to pursuant to 28 U.S.C. Section 2677.
Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 is a legal document that outlines the terms and conditions of a settlement agreement reached between the parties involved in a legal dispute. This stipulation is applicable in Hennepin County, Minnesota, and is governed by the provisions of Section 2677 of Title 28 of the United States Code (U.S.C.). The purpose of this Stipulation for Compromise Settlement is to provide a resolution to a legal claim or lawsuit, thereby avoiding a lengthy court process and reaching a mutually agreed-upon settlement. It offers a way for parties to resolve their disputes in a manner that is fair and reasonable, while protecting their respective rights and interests. Key elements of the Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 include: 1. Parties' Information: This section identifies the involved parties and their respective legal representation. It includes the full names, addresses, and contact details of all parties involved in the settlement. 2. Nature of Claim: The stipulation describes the nature of the claim or lawsuit in detail, providing a clear understanding of the dispute and the issues at hand. It may involve personal injury claims, property damage claims, or any other legal claims subject to Section 2677. 3. Settlement Amount: The agreed-upon settlement amount is stated explicitly, including any monetary compensation, restitution, or damages to be paid by the defendant(s) to the plaintiff(s). The parties may also outline the terms of payment, including lump-sum payments or installments. 4. Release and Discharge: This section states that upon payment of the settlement amount, the plaintiff(s) fully and finally release and discharge the defendant(s) from any further liability or obligation related to the claim. It also highlights that the settlement represents a compromise and is not an admission of guilt or fault by any party. 5. Confidentiality and Non-Disclosure: If applicable, the stipulation may include provisions regarding the confidentiality of the settlement terms and the non-disclosure of any sensitive information related to the dispute. This ensures that the details of the settlement remain private and protected. 6. Governing Law and Jurisdiction: The document specifies that Hennepin County, Minnesota, law will govern the interpretation and enforcement of the stipulation. It also outlines the jurisdiction where any disputes arising from the settlement will be resolved, which is typically the same court that would have heard the original lawsuit. Different types of Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 may include variations specific to the nature of the claim, such as medical malpractice settlement stipulations, personal injury settlement stipulations, property damage settlement stipulations, or any other type of legal claim covered under the aforementioned section. The content and terms may differ based on the unique circumstances of each case.Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 is a legal document that outlines the terms and conditions of a settlement agreement reached between the parties involved in a legal dispute. This stipulation is applicable in Hennepin County, Minnesota, and is governed by the provisions of Section 2677 of Title 28 of the United States Code (U.S.C.). The purpose of this Stipulation for Compromise Settlement is to provide a resolution to a legal claim or lawsuit, thereby avoiding a lengthy court process and reaching a mutually agreed-upon settlement. It offers a way for parties to resolve their disputes in a manner that is fair and reasonable, while protecting their respective rights and interests. Key elements of the Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 include: 1. Parties' Information: This section identifies the involved parties and their respective legal representation. It includes the full names, addresses, and contact details of all parties involved in the settlement. 2. Nature of Claim: The stipulation describes the nature of the claim or lawsuit in detail, providing a clear understanding of the dispute and the issues at hand. It may involve personal injury claims, property damage claims, or any other legal claims subject to Section 2677. 3. Settlement Amount: The agreed-upon settlement amount is stated explicitly, including any monetary compensation, restitution, or damages to be paid by the defendant(s) to the plaintiff(s). The parties may also outline the terms of payment, including lump-sum payments or installments. 4. Release and Discharge: This section states that upon payment of the settlement amount, the plaintiff(s) fully and finally release and discharge the defendant(s) from any further liability or obligation related to the claim. It also highlights that the settlement represents a compromise and is not an admission of guilt or fault by any party. 5. Confidentiality and Non-Disclosure: If applicable, the stipulation may include provisions regarding the confidentiality of the settlement terms and the non-disclosure of any sensitive information related to the dispute. This ensures that the details of the settlement remain private and protected. 6. Governing Law and Jurisdiction: The document specifies that Hennepin County, Minnesota, law will govern the interpretation and enforcement of the stipulation. It also outlines the jurisdiction where any disputes arising from the settlement will be resolved, which is typically the same court that would have heard the original lawsuit. Different types of Hennepin Minnesota Stipulation for Compromise Settlement Pursuant to 28 U.S.C. Section 2677 may include variations specific to the nature of the claim, such as medical malpractice settlement stipulations, personal injury settlement stipulations, property damage settlement stipulations, or any other type of legal claim covered under the aforementioned section. The content and terms may differ based on the unique circumstances of each case.
