Settlement FAQs

what is the meaning of amicable settlement

by Sibyl Corkery Published 2 years ago Updated 2 years ago
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An amicable settlement is a broad term referring to the resolution of a dispute in a friendly and non-contentious manner. For example, in the context of a family law case, a couple or spouses can reach an: amicable divorce amicable separation agreement amicable agreement on spousal support and alimony

1. A deal which comes from a consensual agreement of the parties in a negotiation process.

Full Answer

What is amicable settlement in contract law?

Amicable Settlement. The Parties agree that the avoidance or early resolution of disputes is crucial for a smooth execution of the Contract and the success of the assignment. The Parties shall use their best efforts to settle amicably all disputes arising out of or in connection with this Contract or its interpretation. Amicable Settlement.

How to seek an amicable settlement through conciliation?

Where the Parties wish to seek such an amicable settlement through conciliation, the conciliation shall take place in accordance with the Conciliation Rules then obtaining of the United Nations Commission on International Trade Law (“ UNCITRAL ”), or according to such other procedure as may be agreed between the Parties in writing.

What is the amicable settlement of joint study agreement?

Amicable settlement. All disputes arising out of or in connection with this Joint Study Agreement or its performance, including the validity, scope, meaning, construction, interpretation or application hereof, shall to the extent possible be settled amicably by negotiation and discussion between PARTIES. Amicable settlement.

How long does it take to settle amicable settlement?

Amicable Settlement . Any dispute arising from or related to this Agreement shall be notified in writing by one party to the other (s), and the parties shall use their best efforts to settle the dispute on an amicable basis within fifteen (15) days from the date of receipt of the notification.

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What is the full meaning of amicably?

amicable, neighborly, friendly mean exhibiting goodwill and an absence of antagonism. amicable implies a state of peace and a desire on the part of the parties not to quarrel.

What is meant by amicable resolution?

relating to an agreement or decision that is achieved without people arguing or being unpleasant: Few people have amicable divorces. Eventually we reached an amicable settlement. Friendly.

What are the process involved in order to have an amicable settlement?

Amicable Settlement is an agreement reached during mediation and conciliation proceedings. Arbitration is a process wherein the third party from outside the judicial system is chosen by parties to hear and decide their dispute.

What is an amicable relationship?

When people have an amicable relationship, they are pleasant to each other and solve their problems without quarrelling.

What are the benefits of amicable settlement?

The Parties agree that the avoidance or early resolution of disputes is crucial for a smooth execution of the Contract and the success of the assignment.

How do you use amicable?

I hope that they will be able to reach amicable agreement. The whole thing was done on a perfectly amicable and understanding basis. I am hoping to come to an amicable arrangement with everybody, being an amicable person myself.

Are lawyers allowed to be present during mediation?

Presence of Lawyers in Mediation. – Lawyers, upon the discretion of the mediation officer, may attend the mediation conferences in the role of adviser and consultant to their clients and shall cooperate with the mediation officer towards securing a settlement of the dispute.

How does your barangay settle dispute?

Under the Barangay Justice System, the main strategy for settling disputes is to provide a venue for the disputing parties to search for a solution that is mutually acceptable.

Are lawyers allowed in barangay conciliation?

Filing a Complaint with the Katarungang Pambarangay You can go to the barangay and file a complaint. You are not allowed to have a lawyer with you during the proceedings before the lupon of the barangay.

What is an example of amicable?

The definition of amicable is someone or something that is friendly and shows peace-loving characteristics. A meeting where there were no disagreements is an example of an amicable meeting.

Is amicable a positive word?

In the first, amicable is meant to be a modifier equivalent to warm (meaning "friendly" or "affectionate") but the word does not have a synonymous or related meaning; rather, it means "peaceable," which implies being polite or civil but not friendly.

What is an example of an amicable relationship?

A mailman with an amicable worldview might smile at and say hi to everyone he passes on his route, and as a result he probably has an affable, amicable relationship with everyone he delivers to. A sociable person, a fond rapport, a courteous nod - all examples of things that could be summed up by amicable.

What is the synonym of amicable?

amicableagreeable,compatible,congenial,frictionless,harmonious,kindred,unanimous,united.

What is meant by the parties arrive at an amicable solution?

Conciliation is a dispute resolution mechanism that classifies as an alternative dispute resolution method (ADR). As the name implies, the parties in dispute are encouraged to arrive at an amicable solution acceptable to both of them with the help of an official called conciliator.

What is an amiable settlement?

Amicable settlement is a process where parties to a dispute or a lawsuit find ways to resolve their differences in a friendly and non-contentious way.

What does a divorce amicable settlement agreement include?

A divorce amicable settlement must mandatorily include certain terms and lay out the foundation of the agreement of the parties on several points , called the ‘accessory measures’ to a divorce.

What is mediation in a relationship?

Mediation is a process by which the parties attempt to resolve their differences with the help of a licensed mediator. In mediation, the couple will be in control of driving the negotiation and will be generally negotiating directly with one another with the help of the mediator. If the couple is able to achieve an agreement in principle, ...

What happens if you attend a settlement conference?

However, this may be a small expense to risk if you can have a chance to settle the case and avoid an even more costly trial.

Why are settlement conferences important?

Generally, the settlement conferences are highly successful in helping settle family law disputes. The settlement conference is perhaps more suitable for couples who do not have a level of communication good enough to be able to participate in mediation.

How long does a settlement conference last?

The settlement conference will typically last half-day to a full day and will be presided by a judge from the family Courts.

Is mediation a good option for a case?

Mediation may be suitable for one case while a settlement conference offered by the Court may be suitable for another. Let’s explore them and see what they are and when it would be a good option to amicably settle your case.

What does it mean when someone is amicable?

When people have an amicable relationship, they are pleasant to each other and solve their problems without quarrelling. [...]

What is a settlement agreement?

A settlement is an official agreement between two sides who were involved in a conflict or argument. [...]

What does "amiable" mean in English?

Amicable, which derives from Late Latin amicabilis, meaning "friendly," is one of a set of English words used to suggest cordial relationships. Amicable, neighborly, companionable, and friendly all mean marked by or exhibiting goodwill and an absence of antagonism.

What is the difference between "amiable" and "neighborly"?

Amicable, neighborly, companionable, and friendly all mean marked by or exhibiting goodwill and an absence of antagonism. ...

What is an amicable settlement?

Amicable Settlement. The Parties shall use their best efforts to amicably settle any dispute, controversy, or claim arising out of the Contract or the breach, termination, or invalidity thereof. Where the Parties wish to seek such an amicable settlement through conciliation, the conciliation shall take place in accordance with ...

How long does it take for a dispute to settle?

Any and all disputes, controversies and conflicts between the Parties arising out of or relating to or in connection with this Agreement and the performance or non - performance of the obligations set forth herein shall, so far as is possible, be settled amicably between the Parties within thirty (30) days after written notice of such dispute, controversy or conflict has been given by one Party to the other Parties.

What Is an Amicable Divorce?

If you go looking for an amicable divorce definition or search for “amicable divorce meaning,” you will likely come across resources about how to have a friendly divorce. Even though you and your spouse agree that you can no longer continue to live together or be married, you can still manage a peaceful divorce that is premised on your respect for each other. You do not have to be enemies, but you also do not have to be best friends to pull off an amicable divorce .

Is it possible to have an amicable divorce?

While many divorces are contested, expensive and drawn out, it is possible to have an amicable divorce that is shorter and more affordable. Learn more.

Is a Friendly, Amicable Divorce Possible?

An amicable divorce is possible for many people. It is estimated that upwards of 95% of divorces are uncontested. However, all uncontested cases are not necessarily amicable. A case can be considered uncontested as long as by the time you get a divorce that you enter into an agreed-upon divorce settlement without a trial in front of the judge.

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