§ 719.30 In what circumstances may the contractor initiate litigation, including appeals from adverse decisions?
§ 719.31 When must the contractor initiate litigation against third parties?
§ 719.32 What must the contractor do when it receives notice that it is a party to litigation?
§ 719.33 In what circumstances must the contractor seek permission from the Department to enter a settlement agreement?
§ 719.34 What documentation must the contractor provide to Department Counsel when it seeks permission to enter a settlement agreement?
§ 719.35 When must the contractor provide a copy of an executed settlement agreement?

Terms Used In CFR > Title 10 > Chapter III > Part 719 > Subpart D - Requests From Contractor Counsel to Initiate, Defend, and Settle Legal Matters

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Docket: A log containing brief entries of court proceedings.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • 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.
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.
  • Venue: The geographical location in which a case is tried.