Replies to post #217124 on Plastic2Oil Inc (PTOI)

[Johnik]

The parties can waive a jury, in which case all findings would be by the judge. But yes, the question for settlement approval is a matter of equity.

[Rawnoc]

Steady T and johnik are correct, as usual.

Two agreeing parties can agree to whatever terms they want. There is no "requirement" for a judge to approve terms that two parties agreed to. It's only if a judge himself imposes a ban is there requirements for him to impose it. But in this case, he's not imposing a thing.