An estimated $5 billion worth of litigation settlement deals have been negotiated in recent years, and one of the most high-profile cases is that of former US President Donald Trump.
Trump has repeatedly claimed that he had to pay out $3.9 billion of his own money to settle a lawsuit he filed in federal court in Manhattan.
However, the settlement was eventually overturned on appeal by the Supreme Court.
What are the settlement terms?
What are all the legal terms?
Here’s a guide to what is in a settlement and what you need to know about the terms.
Key terms in a US settlement A settlement agreement usually has an amount and a date that have been agreed upon by the parties involved.
The agreement usually contains the following: The amount The date it is due The amount of money paid