West Virginia Code 21-11A-14 – Settlement agreement
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(a) A settlement agreement may resolve an entire claim or any designated and severable portion of a claim.
Terms Used In West Virginia Code 21-11A-14
- in writing: includes any representation of words, letters, or figures, whether by printing, engraving, writing, or otherwise. See West Virginia Code 2-2-10
- 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.
(b) To be enforceable, a settlement agreement must be in writing and signed by representatives of the claimant and the contractor who have authority to bind each respective party.
(c) A partial settlement does not waive parties' rights as to the parts of the claims that are not resolved.