Hópuppgjör
Hópuppgjör is an Icelandic term that translates to "mass settlement" or "group settlement." It refers to a situation where a large number of individuals or entities collectively reach a resolution or agreement, often in a legal or financial context. This can occur in various scenarios, such as class-action lawsuits, corporate restructurings, or when a company faces widespread claims from its customers or creditors.
The process of hópuppgjör typically involves negotiation and compromise among the parties involved. The aim is
Such settlements often require court approval to ensure fairness and that the terms are reasonable for the