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Judgement Release Form
"I need a Judgment Release Form under Saudi law to release ABC Manufacturing Company from a commercial court judgment dated March 15, 2025, following their full payment of SAR 2.5 million plus interest, with specific provisions for confidentiality and non-admission of liability."
1. Document Title and Date: Title identifying the document as a Judgment Release Form with date of execution
2. Judgment Details: Reference to the original judgment including case number, court details, date of judgment, and parties involved
3. Parties' Information: Full legal names, addresses, and identification details of both the releasing and released parties
4. Recitals: Background information about the judgment and circumstances leading to the release
5. Release Statement: Clear and unequivocal statement of release from the judgment obligations
6. Consideration: Details of any payment or consideration given in exchange for the release
7. Governing Law: Explicit statement that Saudi Law and Sharia principles govern the release
8. Signature Block: Space for parties' signatures, witnesses, and official authentication
1. Partial Release Provisions: Used when only certain aspects of the judgment are being released while others remain in effect
2. Confidentiality Clause: Include when parties wish to keep the terms of the release private
3. Non-Admission of Liability: Optional clause stating that the release does not constitute admission of liability
4. Future Claims Waiver: Additional waiver of future claims related to the judgment matter
5. Translation Clause: Required if the document is bilingual Arabic/English, specifying which version prevails
1. Original Judgment Copy: Certified copy of the original judgment being released
2. Payment Receipt: If applicable, proof of settlement payment or consideration
3. Power of Attorney: If parties are represented by attorneys, their authorization documents
4. Court Approval: If required, official court endorsement of the release
Authors
Banking and Financial Services
Construction
Real Estate
Manufacturing
Trading and Commerce
Professional Services
Insurance
Energy and Resources
Healthcare
Technology
Transportation and Logistics
Legal
Compliance
Risk Management
Finance
Credit Control
Collections
Corporate Governance
Business Development
Operations
Legal Counsel
Compliance Officer
Risk Manager
Chief Legal Officer
Litigation Manager
Contract Administrator
Legal Operations Manager
Corporate Secretary
Chief Financial Officer
Collection Manager
Credit Control Manager
Business Development Manager
Company Director
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