Your English writing platform
Discover LudwigExact(8)
But bargains still require judicial approval; judges must determine that the proposed terms are "fair, reasonable, adequate, and in the public interest".
Such settlements require court approval, and the judge is charged with finding that the settlement is "fair, reasonable, adequate and in the public interest".
Under the federal securities laws, a judge is required to ascertain whether a proposed S.E.C. settlement is "fair, reasonable, adequate, and in the public interest".
Using a standard that enables judges to reject consent decrees if they are not "fair, reasonable, adequate and in the public interest", Rakoff rebelled against rubber-stamping the deal.
Judge Randa asked the S.E.C. for "a written factual predicate for why it believes the court should find that the proposed final judgments are fair, reasonable, adequate and in the public interest".
Judge Rakoff said he had rejected the Citigroup settlement because there were no established facts on which to base a decision whether the settlement was "fair, reasonable, adequate and in the public interest".
Similar(52)
He did so after concluding that because the settlement failed to include any agreed-upon facts, the court was unable to judge whether the outcome was fair, adequate reasonable or in the public interest.
He said the amount "is a fair, adequate and reasonable one -- with one important caveat".
A decision posted to the court's Web site calls the settlement "fair, adequate and reasonable".
A judge has approved the final two settlements in the e-book price-fixing case, calling Macmillan and Penguin's deals "fair, adequate and reasonable".
The settlement was submitted for review to the federal judge, United States District Judge Oliver W. Wanger in Fresno, Calif., who ruled on Thursday that it was "fair, adequate and reasonable".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com