Settlement FAQs

what is equal settlement

by Mr. Nicola Labadie Published 2 years ago Updated 2 years ago
image

Equal Settlement

  • Weak bearing capacity of soil,
  • Less compaction during the construction of foundation,
  • Change in the water content in soil,
  • Trees and vegetation and
  • The consolidation of soil. ...
  • Physical appearance of the structures,
  • Basic utility of the structures and
  • Distortions in the structures. ...
  • Cracks in the foundation and the interior walls,

More items...

Related Definitions
Equitable Settlement means the part of the Related Settlement in which only the Equitable Class Members may participate.

Full Answer

What does equal mean in a divorce settlement?

When negotiating a divorce settlement it's imperative that you understand that "equal" doesn't mean a 50/50 split. Equal means what is fair to both parties involved. You won't get everything you believe you are entitled to and, you will need to be able to compromise for the sake of all involved.

What is the general equation for total settlement?

General equation for total settlement: St= Si+ Sc+ Ss+ Sm Immediate settlement results from distortion of soil mass caused by a change in total stress. Si is zero for true one-dimensional compression but is not zero for two or three-dimensional compression

Can a discrimination case be settled without a lawsuit?

AUTHORITY Title VII of the Civil Rights Act of 1964 expressly encourages the settlement of employment discrimination disputes without litigation. Courts have consistently encouraged the settlement of discrimination claims and have upheld those settlements when challenged.

What is the settlement with Equifax?

The company has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories. The settlement includes up to $425 million to help people affected by the data breach. The initial deadline to file a claim in the Equifax settlement was January 22, 2020.

image

What is uneven settlement?

Understanding Differential Settlement. Differential settlement is the uneven or unequal settling of a building's foundation. This occurs when the soil under your foundation contracts, expands, or shifts irregularly. Differential settlement causes the structure to settle at a variable rate.

What is meant by settlement of foundation?

What is Foundation Settlement? Foundation settlement happens when soil shifts beneath a home and it is a serious deal for a homeowner, and often requires that swift action be taken to prevent structural damage from occurring to the home.

What is the difference between settlement and differential settlement?

Unlike uniform or “normal” settling, which basically means that the foundation settles at the same rate over its entire footprint area, differential settlement involves a non-uniform movement of the underlying soil, which causes the foundation along with the structure above to settle in an uneven fashion.

What is uniform settlement?

Uniform settlement occurs when a building settles at the same rate throughout all portions of the structure. If the entire structure rests on the same kind of soil, then uniform settlement is likely to occur.

What are the types of settlement?

The four main types of settlements are urban, rural, compact, and dispersed. Urban settlements are densely populated and are mostly non-agricultural. They are known as cities or metropolises and are the most populated type of settlement. These settlements take up the most land, resources, and services.

How many types of foundation settlements are there?

The settlement in the foundation can be classified into two types namely the uniform foundation settlement and the differential foundation settlement.

How much settlement is too much?

The industry standard is 1 inch of differential settlement in 20 feet. Anything greater than this can be considered too much.

When should I worry about house foundation?

10 Warning Signs of Foundation ProblemsExterior Cracks. ... Interior Sheetrock Cracks. ... Doors Out of Square and Uneven Floors. ... Door Frame/Window Frame Separation from Brick. ... Rotten Wood – Pier & Beams. ... Bouncing floors – Rotten Wood. ... Tile Cracks. ... Expansion Joint Seperation.More items...•

Is it worth buying a house with foundation problems?

The Bottom Line: Your Lender Won't Ignore Foundation Issues, And Neither Should You. Foundation issues are serious and can't be ignored, no matter how minor they may look and how much you love the house you're trying to buy. Even if you're willing to overlook them, your lender won't be quite so accommodating.

What is elastic settlement?

Elastic settlement is immediate and much higher in sandy soils than in clay soils. Due to the high Young's modulus values in clay, elastic settlement is low in clay soils. This chapter explains the computation of elastic settlement from elastic modulus vs. SPT (N) Values.

How can I lower my foundation settlement?

Compacting the soil. Draining the soil, in case of cohesive types. Compacting the soil, in case of cohesion less soils. Confining the soil, increasing stiffness.

What is the total settlement?

Total settlement refers to the overall change in vertical distance. Differential settlement involves an expected amount that the total settlement will vary between points over a horizontal distance, which can be caused by variations in the foundation soil profile and wall height over a certain distance.

What is settlement of a building?

What is Settlement? Settlement is the downward movement of the ground (soil) when a load is applied to it. The load increases the vertical effective stress exerted onto the soil. This stress, in turn, increases the vertical strain in the soil. This increase in vertical strain causes the ground to move downward.

What causes settlement in foundation?

Foundation Settlement is due primarily to the expanding soil cycle (shrinkage and expansion) directly dependent on water content. This constant movement weakens and softens soils and can also create pockets/voids beneath your home's foundation, which your home will sink/settle into following the laws of gravity.

What does settlement of a structure mean?

In geotechnical engineering , settlement is defined as the vertical movement of the ground, generally caused be changes in stresses within the earth. Subsidence is a term often used to described 'caving in' or sinking of the ground, that may not be associated within changes in soil stresses.

What is acceptable foundation settlement?

How much foundation settlement is too much? The industry standard is 1 inch of differential settlement in 20 feet. Anything greater than this can be considered too much.

What is the EEO settlement process?

The Equal Employment Opportunity Commission's strong support for settlement attempts at all stages of the EEO complaint process is codified in 29 C.F.R. § 1614.603, which states, "Each agency shall make reasonable efforts to voluntarily settle complaints of discrimination as early as possible in, and throughout, the administrative processing of complaints, including the pre-complaint counseling stage." [2] Settlement agreements entered into voluntarily and knowingly by the parties are binding on the parties. Settlements may not involve waiver of remedies for future violations. Settlements of age discrimination complaints must also comply with the requirements of the Older Workers Benefits Protection Act, 29 U.S.C. § 626, involving waivers of claims. That is, a waiver in settlement of an age discrimination complaint must be knowing and voluntary. [3]

How does the Department of Justice settle EEO cases?

The Department of Justice's Office of Legal Counsel has affirmed the broad authority of agencies to settle EEO disputes by applying remedies a court could order if the case were to go to trial. In an opinion interpreting the authority of an agency to settle a Title VII class complaint, the Department's Office of Legal Counsel advised that a complainant can obtain in settlement whatever the agency concludes, in light of the facts and recognizing the inherent uncertainty of litigation, that a court could order as relief in that case if it were to go to trial. In the case it reviewed, which alleged discrimination in classification decisions, the Office of Legal Counsel determined that the agency could agree not to reclassify positions of specific employees downward because a court could enjoin reclassification of the positions of those employees if the court found some cognizable danger of recurrent violation. The Office of Legal Counsel found the proposed settlement valid under Title VII, even though the Office of Personnel Management contended that the agency's authority to reclassify pursuant to applicable statutes, rules, and regulations cannot be superseded by settlement.

How to settle an EEO complaint?

An agency may informally settle an EEO complaint by providing a lump sum payment as a retroactive personnel action in lieu of back pay. As long as the settlement does not exceed the relief to which the complainant would be entitled if a finding of discrimination had been made, it is authorized.

What is the connection between Title VII and the Back Pay Act?

"The connection between Title VII and the Back Pay Act arises only because the Commission has provided in its regulations on remedial actions that when discrimination is found, an award of back pay under Title VII is to be computed in the same manner as under the Back Pay Act regulations.".

How much is a GS 14 step 10 annuity?

The value of this annuity is $843,800. If, in settlement, she is retroactively promoted to a GS-15, step 10, for three years, the value of her annuity becomes $992,669.

Why is voluntary settlement important?

Conciliation and voluntary settlement are critical to efforts to eradicate employment discrimination, both in the public and private sectors. The legislative history of Section 717 of Title VII is unequivocal in stressing that the broadest latitude exists in determining the appropriate remedy for achieving this end. [1]

When evaluating the risk of litigation versus the cost of settlement, agencies should include the cost of a federal retirement?

When evaluating the risk of litigation versus the cost of settlement, agencies should include the cost of a federal retirement annuity in their consideration, if an annuity would become payable immediately. This reflects the actual cost to the government of the proposed settlement and should be considered when deciding whether the settlement is in the interest of the government. This calculation may lead an agency to explore alternative solutions, such as purchasing a private annuity . The purchase of a private annuity may not be desirable in all instances, but can be considered as a possible alternative. Following are some examples that reflect this calculation:

What is total settlement?

Generally, total settlement is equal to the integration of vertical strain over the depth of influence below the bearing level:

What is immediate settlement?

Immediate settlement results from distortion of soil mass caused by a change in total stress. Si is zero for true one-dimensional compression but is not zero for two or three-dimensional compression

What are the effects of foundation settlements?

Excessive foundation settlements can impair the serviceability and even the safety of a structure. Settlements are due to either volume change or distortion of the soil and can take place immediately or over a time that could be measured in years.

What is swelling in soil?

Swell : an increase in volume that occurs when an expansive soil gets wetter

Is fracturing a component of total settlement?

Change in shape or fracturing of particles - generally not a significant component of total settlement. Consolidation : a special case of compression in which the soil is saturated and fine-grained, and the changes in volume are time-dependent and occur when water is expelled from the voids.

What does equal mean in divorce?

When negotiating a divorce settlement it's imperative that you understand that "equal" doesn't mean a 50/50 split. Equal means what is fair to both parties involved. You won't get everything you believe you are entitled to and, you will need to be able to compromise for the sake of all involved.

Why was the marital assets split 60/40?

The marital assets were split 60/40 in Lance’s favor because the judge felt that Lance, being the lower income earner and caretaker of their children should continue to live the standard of living he and his children had become accustomed to.

How long does Joan have to pay spousal support?

Divorce Settlement: The marital assets are split 50/50 and Joan is ordered to pay Mark rehabilitative spousal support for a term of five years. The long-term marriage established a lifestyle that both Mark and Joan had become accustomed to.

Why did Mark's standard of living decrease after a divorce?

Mark's standard of living will decrease once there is a divorce due to the fact that he makes less than Joan. The two went to mediation and Joan chose to pay temporary spousal support that is deductible at tax time rather than splitting assets in John’s favor.

Will you come to a fair resolution at the end of your marriage?

In the hope of helping those who are in the dark about what is and isn’t fair, here is a collection of examples of different scenarios and what we believe to be fair divorce settlements .

What Is a Settlement Date?

The settlement date is the date when a trade is final, and the buyer must make payment to the seller while the seller delivers the assets to the buyer. The settlement date for stocks and bonds is usually two business days after the execution date (T+2). For government securities and options, it's the next business day (T+1). In spot foreign exchange (FX), the date is two business days after the transaction date. Options contracts and other derivatives also have settlement dates for trades in addition to a contract's expiration dates .

What causes the time between transaction and settlement dates to increase substantially?

Weekends and holidays can cause the time between transaction and settlement dates to increase substantially, especially during holiday seasons (e.g., Christmas, Easter, etc.). Foreign exchange market practice requires that the settlement date be a valid business day in both countries.

How far back can a forward exchange settle?

Forward foreign exchange transactions settle on any business day that is beyond the spot value date. There is no absolute limit in the market to restrict how far in the future a forward exchange transaction can settle, but credit lines are often limited to one year.

How long does it take for a stock to settle?

Most stocks and bonds settle within two business days after the transaction date . This two-day window is called the T+2. Government bills, bonds, and options settle the next business day. Spot foreign exchange transactions usually settle two business days after the execution date.

How long does it take to settle a stock trade?

Historically, a stock trade could take as many as five business days (T+5) to settle a trade. With the advent of technology, this has been reduced first to T=3 and now to just T+2.

What is the settlement agreement with Adaequare?

(Adaequare) to resolve an independent investigation into whether the company engaged in citizenship or immigration status discrimination in violation of 8 U.S.C. § 1324b (a) (1) (B). IER’s investigation concluded that the company, which recruits workers for other entities, engaged in discrimination in the hiring or recruitment/referral for a fee processes by considering only applicants who were U.S. citizens and lawful permanent residents when filling a job for a client. Under the settlement agreement, the company will pay a civil penalty to the United States, train its employees on anti-discrimination obligations, and be subject to departmental reporting requirements.

When did R.E.E. sign a settlement agreement?

On August 5, 2019, the Division signed a settlement agreement with R.E.E. Inc. d/b/a McDonald’s (“R.E.E.”) resolving charge-based and independent investigations into the company’s employment eligibility verification practices at McDonald’s franchises in the Texas Rio Grande Valley.

What is the settlement agreement with Chancery Staffing?

On February 18, 2020, the Division signed a settlement agreement with Chancery Staffing Solutions LLC, aka TransPerfect Staffing Solutions , a legal staffing company headquartered in New York, NY. The Division had previously filed a lawsuit in May 2019 alleging that from at least April 4, 2017 to at least July 7, 2017, the company (while operating as TransPerfect Staffing), had implemented a client directive restricting its recruitment and hiring of attorneys for a document review project to U.S. citizens only, and later, to U.S. citizens without dual citizenship. Under the settlement agreement, Chancery Staffing will pay a civil penalty of $27,000, provide back pay to victims identified during the term of the settlement agreement, and participate in Division-provided training on the anti-discrimination provision contained in 8 U.S.C. § 1324b. Chancery Staffing will also obtain supporting documentation from clients that request a citizenship status restriction when staffing a project to help ensure that any such restriction is lawful.

What is the settlement agreement with National Systems America?

On January 14, 2021, the Division signed a settlement agreement with National Systems America, LP (NSA) to resolve claims based on its independent investigation into whether the company engaged in discrimination based on citizenship status in the hiring and employment eligibility verification processes in violation of 8 U.S.C. § 1324b (a) (1) (B) and (a) (6). The company recruits employees using a foreign company as its agent, and directly hires them to perform IT work for NSA clients. IER’s investigation concluded that the company (1) engaged in a pattern or practice of recruiting and hiring only U.S. citizens or U.S. citizens and lawful permanent residents for certain positions without legal justification, in violation of 8 U.S.C. § 1324b (a) (1) (B); and (2) on numerous occasions, requested copies of Permanent Resident Cards to confirm the citizenship status and work authorization of candidates who identified themselves as lawful permanent residents during the applicant screening process, in violation of 8 U.S.C. § 1324b (a) (6). Under the settlement agreement, the company will pay a civil penalty of $34,200 to the United States and train its employees on the requirements of the INA’s anti-discrimination provision, and be subject to departmental reporting requirements.

What was the settlement agreement with Tuscany Hotel and Casino?

On October 10, 2012, the Department of Justice issued a press release announcing a settlement agreement with Tuscany Hotel and Casino resolving a lawsuit alleging the company discriminated against certain non-U.S. citizen s during the employment eligibility verification and reverification processes by requesting those individuals to provide more or different documents or information than required under Form I-9 rules based on their citizenship status. Under the terms of the settlement agreement, Tuscany agreed to pay a civil penalty of $49,000 to the government and full back pay to an economic victim. Tuscany will also receive OSC-sponsored training regarding the anti-discrimination provision of the INA, be subject to reporting and monitoring requirements, and will revise its employment eligibility verification procedures.

When did ChemArt settle?

ChemArt (Unfair Documentary Practices and Retaliation) June 2020. On June 3, 2020, IER signed a settlement agreement with ChemArt, a Rhode Island manufacturing company, resolving claims that the company discriminated against a worker during the employment eligibility verification process and then retaliated against her.

What is the Ikon settlement agreement?

On December 8, 2020, the Division signed a settlement agreement with Ikon Systems , LLC , resolving claims that Ikon routinely discriminated against U.S. workers (U.S. citizens, U.S. nationals, recent lawful permanent residents , asylees, and refugees) by posting job advertisements specifying a preference for applicants with temporary work visas, and that Ikon failed to consider at least one U.S. citizen applicant who applied to a discriminatory advertisement. Specifically, IER’s investigation found that from at least May 8, 2019, to September 21, 2019, Ikon posted at least eight job advertisements for information technology (“IT”) positions that solicited applications from non-U.S. citizens with immigration statuses associated with certain employment-based visas and, in so doing, harmed U.S. workers by unlawfully deterring or failing to fairly consider them for hire, including the Charging Party. Under the agreement, Ikon will pay a civil penalty of $27,000 to the United States, revise its policies and procedures, train relevant employees and agents on the requirements of the INA’s anti-discrimination provision, and be subject to departmental reporting requirements during the agreement’s two-year term. Separately, Ikon will pay the $15,000 to the Charging Party.

How does the identity of an employer affect settlement?

The Employer: Certainly, the identity of the employer itself will also make a difference in the amount likely to be recovered in a particular case. Some employers, for example, tend to be more litigation-oriented and less inclined to settle a case, while others are more inclined to make settlement offers fairly quickly. Additionally, the larger an employer is in terms of size, the greater the chances are that a larger settlement is likely. On the other side of the coin, if the employer is very small or not very financially profitable, the chances of a significant settlement are much lower.

Who is involved in settlement negotiations?

While these are statutory guidelines that courts will follow in issuing awards, and while they may serve as benchmarks or guidelines in settlement negotiations, ultimately, settlement negotiations are between the employee, the employer, and their respective attorneys. Consulting with your attorney regarding the details of your particular situation and the value your claim may have is therefore always an important step to take prior to filing any lawsuit.

What is the goal of a discrimination lawsuit?

The goal of any lawsuit is, of course, to try to make the victim of the discrimination “whole” – at least to the extent that it is possible to do so. Nevertheless, there are certain factors that your attorney may consider in helping you to place an estimated value on your case. Some of these factors include:

Why is the jurisdiction of a case important?

This is because different states have different laws – some of which are more friendly to employees than others.

What Is a Settlement Bank?

A settlement bank is the last bank to receive and report the settlement of a transaction between two entities. It is the bank that partners with an entity being paid, most often a merchant. As the merchant’s primary bank for receiving payment, it can also be referred to as the acquiring bank or the acquirer .

What is interbank settlement?

Often times, the payer of a transaction will be a customer of a different bank from the receiver, and so an interbank settlement process must occur. A settlement bank also provides merchant services to businesses such as transaction processing.

Why do merchants partner with settlement banks?

Merchants partner with a settlement bank to ensure efficient settlement of transactions in electronic payment processing. To facilitate electronic transactions, the merchant must first open a merchant account and sign an agreement with an acquiring bank detailing terms for processing and settlement of transactions for the merchant.

Why is it important for merchants to have good relationships with settlement banks?

With a significant majority of customers seeking to make electronic payments, it is important that merchants have good relationships with processing entities including settlement banks to ensure a fast and efficient payments system for their business and their clients .

How long does it take for a bank to settle a transaction?

The settlement bank will typically deposit funds into the merchant’s account immediately. In some cases, settlement may take 24 to 48 hours. The settlement bank provides settlement confirmation to the merchant when a transaction has cleared. This notifies the merchant that funds will be deposited in their account.

Can a customer use a settlement bank?

When a customer chooses to purchase with a merchant using electronic payment, the customer’s card must be in compliance with the settlement bank which means it must be acceptable for processing through the settlement bank’s processing network. Settlement banks typically have relationships with all of the major processing networks, including Visa, Mastercard, Discover, and American Express. However, they may be restricted to only a single processor based on the terms of the agreement.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9