Is a release under a settlement agreement fair and reasonable?
Ontario, Canada
The following excerpt is from Pinizzotto v. TILT Holdings, Inc., 2021 ONSC 8001 (CanLII):
However, I find that the release in the present case is fair and reasonable, falling within the zone of reasonableness of a settlement agreement. It is not a basis for the court to reject the settlement (the only option available if the settlement is not approved: Kauf v. Colt Resources, Inc., 2021 ONSC 2814, at para. 30(vii)).
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