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Covenant not to Sue

Code: FORM-6014

Availability: In Stock


$8.00

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Covenant not to Sue
Covenant not to Sue
Covenant not to Sue

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Covenant not to Sue

A covenant not to sue is an agreement entered into by a person who has a legal claim against another but agrees not to pursue the claim. Such a covenant does not extinguish a cause of action and does not release other joint tort-feasors even if it does not specifically reserve rights against them.

For example, in environmental law, a covenant not to sue is a tool that allows redevelopment of contaminated properties without the risk of liability for historical contamination. A covenant not to sue is an assurance that once a site is cleaned up to current standards, the Commissioner will not require any additional cleanup in the future.