Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

lump-sum agreement

Read a random definition: divorce

A quick definition of lump-sum agreement:

A lump-sum agreement is a deal between two countries. If one country hurts people from the other country, they can make a single payment to settle the claims for those injuries. The country that got hurt gets to decide how to use the money. This way of settling claims has become more popular in the last 40 years instead of going to court.

A more thorough explanation:

A lump-sum agreement is a type of agreement in international law where one nation that has caused injuries to citizens of another nation agrees to make a single payment to settle outstanding claims for those injuries. The recipient nation has the power to decide how the settlement funds should be distributed.

For example, if Nation A accidentally bombs a hospital in Nation B, causing injuries to several citizens, Nation A may agree to pay a lump sum to Nation B to settle the claims for those injuries. Nation B can then decide how to distribute the funds to the affected citizens.

This method of settling claims has become increasingly common in the last 40 years as an alternative to submitting the claims to an international tribunal. It allows for a quicker resolution and avoids the costs and time associated with a lengthy legal process.

lumping sale | lump-sum alimony

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
shaquilleoatmeal
17:45
put me on - whats the first song on the album thats heat
babycat
17:45
I don’t know sweetgreen like that because I’m not part of the PMC. your legs looked super tan though
hey now is my favorite
LSD+ is ad-free, with DMs, discounts, case briefs & more.