Settlement orders preserve third-party rights and cannot exonerate co-noticees or serve as evidence against others.

Settlement orders do not serve as evidence in proceedings concerning defaults outside their scope and do not affect third-party rights. In co-noticee proceedings, observations concerning a settling applicant may be made only where necessary to establish another person's act, and remain subject to the settlement order unless revoked. Observations concerning another person are not independently admissible against that person. Other co-noticees cannot invoke the settlement order to claim exoneration or that proceedings against them are infructuous.

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