When Negotiating a Complex Settlement Agreement Have a Transactional Lawyer Available to Assist You

Almost any trial lawyer can draft an adequate settlement agreement in a typical civil case where one party pays the other some amount of money, releases are exchanged, and the litigation is dismissed. In some cases, however, a settlement may include nonmonetary or complex financial and payment terms and may also implicate tax issues a trial lawyer may be only dimly aware of. In such cases the assistance of a transactional lawyer may be necessary to give tax advice and to help negotiate and draft some of the provisions of a settlement agreement.


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Download Chapter By Francis L. Carter

Bankruptcy Mediation is a treatise published by the American Bankruptcy Institute