MLchartDataset catalogue

Courthouse steps settlement

Term · Insurance and risk management · MLC-T-INS-001004

A resolution of a legal dispute reached by the parties just before a trial or hearing is scheduled to begin. This type of settlement avoids the costs and uncertainties of litigation by concluding negotiations at the last possible moment. It can occur literally on the courthouse steps or in a nearby conference room.

Table 1. Record
IdentifierMLC-T-INS-001004
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001004",
  "term": "Courthouse steps settlement",
  "field": "Insurance and risk management",
  "definition": "A resolution of a legal dispute reached by the parties just before a trial or hearing is scheduled to begin. This type of settlement avoids the costs and uncertainties of litigation by concluding negotiations at the last possible moment. It can occur literally on the courthouse steps or in a nearby conference room.",
  "url": "https://mlchart.com/terminology/insurance/courthouse-steps-settlement/"
}

Record 805 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.