Settlements

U.S. Bankruptcy Court for the Eastern District of Louisiana

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Eastern District of Louisiana

Rule: 9019-1

Jurisdiction: EDLAB

Bluebook Citation: Bankr. E.D. La. R. 9019-1

All Rules: Bankr. E.D. La. Local Bankruptcy Rules, complete index


Text

A. As officers of the court, counsel have a responsibility to conduct serious settlement discussions in time to avoid unnecessary expense and the waste of time by attorneys, witnesses, and the court. 50 B. When a case is settled or otherwise disposed of, counsel must immediately notify the court and all persons subpoenaed as witnesses. If the settlement is not a full settlement as to all parties and all claims, counsel must also notify the court as to the remaining parties and unsettled claims.

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