Settled Case Lawsuits
Settled cases are the result of a resolution or agreement reached concerning a case, typically before it goes to court or trial. Settlement occurs in civil cases when both parties can come to an agreement without the intervention of the court. Settlement may also be initiated once a trial starts.
The settlement usually stipulates that the plaintiff may no longer legally sue the defendant on this matter, and agreement is made concerning reparations to the plaintiff. Once an agreement is reached that clearly defines the legal standing of both parties, it will be approved by the court.
Settled cases are looked upon favorably for legal funding because much of the uncertainty of the lawsuit has been removed.