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  2. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself. [1]

  3. Chancery Finds 'Mutual General Release' to Be Not All ... - AOL

    www.aol.com/news/chancery-finds-mutual-general...

    A recent opinion by Vice Chancellor Tamika Montgomery-Reeves illustrates the pitfalls in not specifically addressing the scope of “mutual general releases” when agreeing to settle litigation.

  4. Legal release - Wikipedia

    en.wikipedia.org/wiki/Legal_release

    A general release may release any claims known or unknown that the releasor may have against the releasee. The release may also be very specific, i.e. dealing with specific acts between the parties and not applying to any other acts. Generally a release is of the form:

  5. Set-off (law) - Wikipedia

    en.wikipedia.org/wiki/Set-off_(law)

    In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. [1] [2] It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a single net claim. [3]

  6. Pierringer release - Wikipedia

    en.wikipedia.org/wiki/Pierringer_release

    A Pierringer release or Pierringer Agreement is a type of settlement agreement. In law, a settlement is a resolution between disputing parties about a legal case that is reached either before or after court action begins. The origin of the case is the Wisconsin tort law case of Pierringer v. Hoger. [1]

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