Settlement application procedure requires detailed disclosure and mandatory undertakings consenting to enforcement and waiver of procedural rights. The settlement procedure requires a post-investigation application setting out charges, detailed calculations of loss, profit or disgorgement, documentary ... Summary
Settlement application procedure requires detailed disclosure and mandatory undertakings consenting to enforcement and waiver of procedural rights.
The settlement procedure requires a post-investigation application setting out charges, detailed calculations of loss, profit or disgorgement, documentary evidence and proposed monetary and non-monetary terms; payment of a processing fee; verification on oath; and execution of prescribed undertakings and waivers that admit or decline to deny findings for settlement purposes, permit exclusion of time for limitation, authorise enforcement of settlement claims, waive procedural and appellate rights, and bar subsequent reimbursement or indemnity claims.
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