Document background
The Settlement Agreement Between Two Parties is a fundamental legal document used in Swiss business and civil contexts to resolve disputes without court intervention or to formalize court-mediated settlements. This document type is particularly relevant when parties wish to achieve final closure on disagreements, claims, or potential litigation. Governed by Swiss law, particularly the Swiss Code of Obligations, the agreement typically includes essential elements such as settlement amounts, payment terms, mutual releases, and confidentiality provisions. It's commonly used in various scenarios including commercial disputes, employment matters, contract terminations, and property disagreements. The document's primary purpose is to provide legal certainty and finality to both parties while preventing future claims related to the settled matter.
