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This Settlement Agreement resolves a class action lawsuit brought by Bronx Independent Living Services, Disabled In Action of Metropolitan New York, and individual plaintiffs against the Metropolitan Transportation Authority and New York City Transit Authority regarding the lack of accessibility for individuals with mobility disabilities at the Middletown Road subway station. The Agreement outlines the obligations of the Defendants to install elevators to make the station accessible and...
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What is settlement agreement?
A settlement agreement is a legally binding contract between two or more parties, outlining the terms of a settlement to resolve a dispute without going to trial.
Who is required to file settlement agreement?
Typically, parties involved in a legal dispute, such as plaintiffs and defendants, are required to file a settlement agreement once they reach a consensus on the terms of resolution.
How to fill out settlement agreement?
To fill out a settlement agreement, parties should include details such as the names of the parties involved, a description of the dispute, the terms of the settlement, and any conditions or actions that are required from each party.
What is the purpose of settlement agreement?
The purpose of a settlement agreement is to provide a mutually acceptable resolution to a dispute, thereby avoiding the time, expense, and uncertainty of a trial.
What information must be reported on settlement agreement?
A settlement agreement should report the names of the parties, the nature of the dispute, the agreed-upon settlement terms, signatures of the parties, and the date of the agreement.
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