Archive | Settlement Agreements

Counsel for public benefit corporations often insist on the inclusion of a confidentiality provision in their settlement agreements.  Often claimants refuse to agree.  But many claimants are anxious to finally wind up their litigation and recover their award.  The issue is can a public benefit hide the payment of just compensation?  Isn’t the settlement something of great concern to the public, the press, legislative overseers and the bar in general?  An often overlooked consequence is that a claimant agreeing confidentiality may find unanticipated tax consequences.  See, for example, Amos v… read more