Terms Used In Indiana Code 34-6-2-128

  • 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.
   Sec. 128. “Qualified settlement offer”, for purposes of IC 34-50, means an offer of full and final settlement to resolve all claims and defenses at issue between the offeror (as defined in section 90 of this chapter) and the recipient (as defined in section 129 of this chapter).

[Pre-1998 Recodification Citation: 34-4-44.6-4.]

As added by P.L.1-1998, SEC.1.