A global settlement resolves an entire body of related litigation at once, covering filed and often unfiled claims, multiple jurisdictions, and sometimes future claimants through a trust or claims facility.
Terms typically include an aggregate fund or per-claim matrix, participation thresholds, walk-away rights, and a claims administration process.
Alternative Names:
Global Resolution, Comprehensive Settlement
Why it Matters?
Global resolution is the endgame in mass tort and product litigation, and its feasibility depends on whether the defendant can achieve closure. A settlement that resolves current claims but leaves the defendant exposed to a continuing pipeline may not be worth funding, which is why participation thresholds and walk-away rights are negotiated as carefully as the money.
Frequently Confused with
Frequently asked questions
Can a court force claimants into a global settlement?
What is a participation threshold?
