Which term refers to the situation where the parties involved in a civil case come to an agreement and is overseen by an impartial person?

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Payton Cummings

26 December, 22:15

Which term refers to the situation where the parties involved in a civil case come to an agreement and is overseen by an impartial person?

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Nina Lambert · Answer 1

Settlement via third party arbitrator is the term that refers to the situation where the parties involved in a civil case come to an agreement and is overseen by an impartial person. This is also a kind of out of court settlement. The cost of running a case decreases by using such a method.