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Discover LudwigThe phrase 'settlement has been reached' is correct and can be used in written English.
You can use it when two parties have agreed to resolve their dispute or disagreement. For example: "After months of negotiation, a settlement has been reached between the two countries."
Exact(45)
No final settlement has been reached.
Now a tentative settlement has been reached.
A settlement has been reached in that suit; litigation is not continuing.
But it says it will do so only after a peace settlement has been reached.
A settlement has been reached in the case, but it is confidential.
The hospital appealed the fine, and a settlement has been reached but not yet disclosed, a department spokesman said.
Similar(15)
A person familiar with the case told The Associated Press yesterday that a settlement had been reached.
A company spokeswoman confirmed Friday that a settlement had been reached.
The International Automobile Federation FIAA) said a settlement had been reached to end legal proceedings against the Italian.
Maurice Blackburn lawyers, who represent the Sweeney family, said a confidential settlement had been reached.
Freedman confirmed that a settlement had been reached, and said Love's lawyers had hoped to keep it confidential.
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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