If the opposing party makes an offer of settlement and you expressly indicate your acceptance, the settlement is binding and the underlying claims are resolved. Any further litigation would revolve around enforcement of the settlement agreement.
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You are correct. It will be best to have the settlement in writing, signed by all parties and approved by their attorneys' of record, before you stop the litigation process. Be sure to consult your own attorney to protect your legal rights.
You can negotiate an extension of time to file your Motion To Compel, pending receipt of a valid settlement check. This will effectively put that motion on hold to see if they are bluffing or not. Good luck.
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Sounds like you are represented and you should talk to your attorney about this issue? I would agree with the other counsel. You can advise the court of the tentative settlement and they will put the case on the settlement calendar. A settlement is not binding until it is signed by all the parties or all parties agree to the material terms on the record. Make sure the settlement agreement contains all the material terms, amount to be paid; and by what date if possible, a civil code 1542 waiver of all known and unknown injuries, etc. I you discover additional injury after the settlement, you will not be able to recover for that if it arose out of the same incident!
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Make the opposing side sign a stipulation/agreement to toll or extend the 45 day deadline until the settlement agreement is finalized.
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I agree generally with the above responses. Note however that in some jurisdictions the Court needs to approve extensions that would result in altering a previously-entered order (such as a scheduling order) and is not required to honor extensions of deadlines that it has not approved.
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