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What is Compromise Settlements Post-Judgment Explained about?

1) The Supreme Court ruled that final judgments are subject to compromise settlement. A valid compromise agreement requires the consent of parties, an object certain that is the subject of the compromise, and a cause for the obligation. 2) A compromise of a final judgment acts as a novation that extinguishes the judgment obligation if the old and new obligations are incompatible or if substitution is unequivocally declared. In this case, the compromise agreement superseded the final judgment, making them

Author

Alexir Mendoza

Language

EN