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Last updated: 10/28/2022
Settlement Statement (Mag. Judge McNaught)
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Description
SETTLEMENT STATEMENT. This confidential, ex parte Settlement Statement is submitted to the U.S. District Court for the Central District of Illinois solely for use at the court-ordered settlement conference. It is not filed on the public docket, does not become part of the case file, and cannot be used at trial. The form (max six pages) prompts counsel to outline settlement authority; key facts and legal issues; strengths/weaknesses; discovery completed and planned; estimated litigation costs; liens; insurance limits and spend; confidential valuation information; prior negotiations; opening and bottom-line settlement values (with reasons); and any required settlement provisions and logistics for payment or document execution. Identify trial counsel and the person with full settlement authority who will appear or be immediately available. www.FormsWorkflow.com
