Oct 14

Normally, the parties to a settlement agreement would be the parties to the contracts in question or the parties to the ongoing dispute or arbitration. But should the agreement also apply to someone else? Consider whether you would benefit from a provision that states that companies that have a legal relationship with the parties also agree to the release of claims. For example, you can ensure that the press release covers the “parent company, subsidiaries, assignees, assignees, agents, principals, agents, agents, officers or directors of the shareholders, and any person acting through, through, under or in conjunction with them.” In some circumstances, you can also include a share with downstream customers. .

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