Bigfood blue white is an Israeli food import company that specializes in sabich, a pita sandwich that’s got all your lunch needs in one single package. There’s great Israeli chickpea salad, nutty tahini, fried eggplant, pickled carrot, a hard-boiled egg, and lettuce, all in season and all yummy. This is a hugely popular product. We are in the fast casual grab and go food business and lucky for us, we get to eat Bigfood blue white.
At first glance, it’s easy to think about how the Israeli laws and markets must be completely different from ours, but that’s what America is all about, right? When you think about internationally importing and exporting goods like food, certainly, food production deals with all kinds of laws and regulations. So, having people on both sides who know what they are doing are absolutely essential to making sure the deal gets done.
But are the law and food really that different?
First of all, there’s food production and then there’s food importing. So, what does Bigfood blue white do? It must be difficult managing negotiating between one country’s laws and another’s. There’s customs, tariffs, executive orders, labor, insurance, safety, quality and expiration dates. And then there’s foods and drugs and what’s allowed inside your country. Think about how all of those aforementioned regulations mean something completely different in the U.S. than in the E.U. or U.K. And perhaps even more so from Israel.
One thing is certain, food international importing and exporting is all about understanding the international markets and laws, and negotiating around them. In many ways, that’s just like a good legal team negotiating a case.
Many people would say a legal settlement is a lot like a verbal contract. Often, deals cannot be completed without some give and take. And often, if one side doesn’t budge, lawsuits happen. But in the case of Bigfood blue white, a settlement is something to be desired. Why? What is the purpose of a settlement and what does it mean?
Technically speaking, the act of settling is when two parties reach an agreement. These negotiations can mean a variety of things in different types of contracting agreements, whether literal imports and exports or legal cases. When it comes to an out of court settlement, however, the purpose is to come to an agreement before a verdict is reached in front of a judge and jury.
The ultimate goal of an out of court settlement is to reach a compromise between the parties so that litigation or judgment can be avoided. Settling a case also keeps anything from going in front of the court until both parties agree. This is why out of court settlements are so common in food importing.
What is the purpose of a settlement?
- It’s better than a verdict
- The defendant (if something goes wrong) and the plaintiff (if a party is injured) are not responsible for the cost of litigation.
- The defense does not need to worry about the uncertainty of a jury
- Conflicting parties do not face a judge and jury
- Legal fees can be saved
- Relationships remain intact and untarnished
- The results are satisfactory to each party
- It offers constructive solutions that work for both parties
In other words, an out of court settlement is all about compromise. Having someone in your corner who knows how to negotiate, that is going to go to court, and who knows the law is a real-life version of someone defending their clients on television court dramas and shows. Having representation for importing and exporting internationally, and to negotiate agreements that you can all live with, mean everything to parties entering into contracts.
For more information on legal settlements, you can visit Wikipedia.