If you`re involved in the legal industry, you may have heard of a rule 11 agreement in Texas. Rule 11 refers to an agreement that is signed by the involved parties or their attorneys, acknowledging that the filing of a lawsuit is not being done for any improper purpose.
In Texas, Rule 11 agreements are commonly used in cases where the parties have reached a settlement or agreement and want to avoid any further legal action. Such agreements can also be used to help prevent frivolous lawsuits.
An example of a rule 11 agreement in Texas could be as follows:
« RULE 11 AGREEMENT
The parties in the above-entitled cause, Plaintiff [Name] and Defendant [Name], by and through their counsel of record, hereby stipulate and agree as follows:
1. Neither party will engage in any further legal action in relation to the claims asserted in this lawsuit.
2. This agreement is being executed in good faith, and neither party is filing this or any other lawsuit for any improper purpose, such as to harass or cause unnecessary expense.
3. If either party violates this Rule 11 agreement, the other party may file a motion to enforce the agreement and seek attorney`s fees and other costs associated with the enforcement.
4. This agreement is binding on the parties, their attorneys, and any successors in interest.
DATED this [date] day of [month], [year].
[Signature of Plaintiff`s Attorney] [Signature of Defendant`s Attorney] »
Overall, a rule 11 agreement in Texas serves as a way to promote fairness and transparency in the legal system, by ensuring that all parties are acting in good faith and avoiding any unnecessary legal battles. If you are considering entering into a rule 11 agreement, it is important to consult with an experienced attorney who can provide guidance on the best course of action for your particular situation.