What are the legal implications of ratifying a settlement agreement between the parties to a dispute, and what is its enforceability?
Legal Answer
Radiif AI Legal Assistant
⚡ Quick Answer:
A settlement agreement entails the extinguishment of rights and claims waived by either of the settling parties, and neither party nor their heirs may revoke it. A settlement documented in a judicial judgment is considered an enforceable instrument, and the lawsuit is extinguished by virtue thereof.
Legal References & Citations
الصلح عقدٌ يحسم بمقتضاه المتصالحان نزاعًا قائمًا أو يتوقيان نزاعًا محتملًا، بأن ينزل كلٌّ منهما على وجه التَّقابل عن مُطالبته أو جزءٍ منها.
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