An agreed judgement is a court-approved settlement between parties that becomes a legally binding court judgement. It functions similarly to a contract and establishes the rights and obligations of the involved parties. A judgement represents the court’s final decision, whether it determines a person’s guilt or innocence in a criminal case or assigns responsibility for damages.
An agreed judgement, also referred to as a consent judgement, stipulated judgement, or judgement, is a settlement that obtains the status of a court judgement upon approval by the judge. It is a legally binding contract acknowledged in open court and ordered to be recorded, holding the same weight as other judgements.
An Agreed Judgment is a legal document that is signed by both parties involved in a lawsuit, agreeing to the terms and conditions of a settlement or resolution.
An Agreed Judgment is different from a regular judgment because it is reached through mutual agreement between the parties, whereas a regular judgment is typically issued by a court after a trial or hearing.
Entering into an Agreed Judgment can save time and money by avoiding a lengthy court process. It also allows the parties to have more control over the outcome and can provide a more flexible resolution.
Yes, an Agreed Judgment can be enforced just like any other court judgment. If one party fails to comply with the terms of the Agreed Judgment, the other party can seek enforcement through legal means.
In some cases, an Agreed Judgment can be modified if both parties agree to the changes. However, any modifications must be approved by the court to ensure fairness and compliance with the law.
Generally, an Agreed Judgment cannot be appealed because it is reached through mutual agreement. However, if there is evidence of fraud, duress, or other legal issues surrounding the agreement, it may be possible to challenge the Agreed Judgment.
An Agreed Judgment does not have the same precedential value as a court judgment issued after a trial. However, it can still be used as persuasive authority in future cases with similar facts and circumstances.
Yes, an Agreed Judgment can be enforced in another state through a process called domestication. This involves registering the judgment in the new state and following the applicable laws and procedures.
In certain circumstances, an Agreed Judgment can be set aside if there is evidence of fraud, mistake, or other grounds for invalidating the agreement. However, this typically requires filing a motion with the court and providing sufficient evidence to support the request.
Yes, an Agreed Judgment can be used to collect unpaid debts. The party owed the debt can take legal action to enforce the judgment and seek remedies such as wage garnishment, bank levies, or property liens.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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