Exact(58)
It's not unusual for defendants to settle a case whose claims they say are spurious.
IT IS better to settle a case than to go to court only to fill the pockets of lawyers.
A better understanding of modern litigation practice, which is about gathering facts and knowing how to settle a case.
Two weeks ago, Herbalife paid $200 million to settle a case brought by the Federal Trade Commission.
As Marrero said: "There is something counterintuitive and incongruous in a party agreeing to settle a case for $600m if it truly did nothing wrong".
In December, UBS said it would pay $1.5 billion in fines to settle a case related to the manipulation of the London interbank offered rate, or Libor.
In part, that reflects the fact that a company will often find it more economical to pay to settle a case rather than pay to defend itself.
The courts can take several years to settle a case and often women cannot afford the several rounds of litigation involved.
A decision by a doctor or his or her insurer to settle a case does not mean that they did not care appropriately for a patient.
Mr. Schad handled hundreds of libel suits, Mr. Michaels said, but "we never had to settle a case" to pay off the litigant.
Low point: The company paid $1.6m£1m1m) to settle a case after discovering a subsidiary had been bribing customs officials in Argentina.
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Justyna Jupowicz-Kozak
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