12 C.F.R. § 625.20   Settlement.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 625—APPLICATION FOR AWARD OF FEES AND OTHER EXPENSES UNDER THE EQUAL ACCESS TO JUSTICE ACT
Subpart C—Procedures for Considering Applications

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§ 625.20   Settlement.

A prevailing party and the FCA through its counsel may agree on a proposed settlement of an award at any time, either in connection with a settlement of the underlying adversary adjudication or after the underlying adversary adjudication has been concluded. If a prevailing party and the FCA counsel agree on a proposed settlement of an award, the proposed settlement must be submitted to the presiding officer for a recommended decision pursuant to §625.26 of this part. If it has not been previously filed, the application must be submitted to the presiding officer along with the proposed settlement.

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