Texas Civil Practice and Remedies Code 154.025 – Moderated Settlement Conference
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(a) A moderated settlement conference is a forum for case evaluation and realistic settlement negotiations.
(b) Each party and counsel for the party present the position of the party before a panel of impartial third parties.
Terms Used In Texas Civil Practice and Remedies Code 154.025
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(c) The panel may issue an advisory opinion regarding the liability or damages of the parties or both.
(d) The advisory opinion is not binding on the parties.