The phrase "a settlement was based" is correct and usable in written English.
It can be used when discussing the foundation or reasoning behind a settlement agreement in legal or financial contexts.
Example: "The terms of the agreement indicate that a settlement was based on the evidence presented during the trial."
Alternatives: "a settlement was founded" or "a settlement was established".
"The settlement was based on a thorough and objective assessment of the facts and the law," Mr. Nester said, "and sends a strong message that companies must give shareholders all material information about corporate transactions subject to shareholder approval".
And for the first time, the department provided a glimpse of the investigatory findings upon which the settlement was based.
There is a context when people seek to belittle the fact that European settlement was based on the offensive legal pretext that the Australia was "unsettled" – that it was terra nullius.
But he did not follow up by asking to see the opinion of the senior counsel hired by the company or finding out for himself what the evidence on which the settlement was based was.
When asked if the settlement was based on "doing the right thing for the players or making the right business decision," 94 percent of the 284 players in the poll chose the latter.
The settlement was based on everything from auction house employee diaries and expense accounts to travel records and notes that put Sotheby's and Christie's officials together at times and places where the strong inference pointed to conspiracy, people close to the case said.
However, local people have spent decades pushing their government to revise upwards the casualty figures on which the settlement was based.
Though the "gang of seven" took controversial positions on immigration, the actions taken against them were also based on internal issues; it remains unclear to what degree the settlement was based primarily on political disagreements or tactical considerations.
