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Expert Analysis

Differences In Enforcing Oral Settlements In NJ And Pa.

By Thomas Wilkinson and Thomas DePaola ( July 16, 2024, 11:44 AM EDT) -- Oral settlement agreements are typically enforceable, provided that the parties are able to show a meeting of the minds regarding terms that comply with their jurisdiction's statute of frauds, and that they can be performed within one year. [1] However, when the oral settlement is reached during a mediation, the agreement may be unenforceable even where there is no material disagreement on the settlement terms. . . .

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