Settlement agreements; staying of dismissal.

Settlement agreements; stay of dismissal. Provides that, in any case in which a plaintiff or counterclaim plaintiff is seeking a civil judgment against a defendant or counterclaim defendant, if the parties enter into a written settlement agreement, upon request of the parties, a dismissal of such case shall be stayed to allow for full compliance with such settlement agreement. The bill requires the plaintiff or counterclaim plaintiff to file a notice of dismissal with the court once the defendant or counterclaim defendant has complied with the terms of such settlement agreement, which shall be treated as a dismissal with prejudice. The bill allows the plaintiff or counterclaim plaintiff to file a motion to enforce the terms of such settlement agreement if a defendant or counterclaim defendant is in default of any term of such agreement.