Earlier quoted context omitted.
> you may have to sign something which says "that is it", waiving your right to sue anyone for anything more Isn't that quite different from an NDA though? With insurance, everything is documented and available for access in case you need to reference it at some later point in time. With an NDA, the settlement is effectively hidden from view and is much harder for you to legally discuss if you need to reference it at…
NDAs (aka confidentiality clauses) attached to settlements are extremely common - have you ever seen the phrase "settled for an undisclosed sum"? It's usually because of some sort of confidentiality clause. Here's some background on those, and why they're used: http://www.americanbar.org/publications/gp_solo/2012/novembe... Re: your house example, the NDA linked in the article don't go that far. IANAL, but it's actua…
That's not quite right. When I read the NDA, section 2 is what stuck out to me as an oddity that isn't standard in most settlement agreements. Specifically (emphasis mine):
> I acknowledge that the existence of the payment by Airbnb and this Airbnb Payment Agreement are confidential.
Most settlements make the amount paid a hidden number but doesn't prevent you from discussing that the settlement itself occurred. If Airbnb's NDA simply said that the amount paid wasn't to be discussed, then I'd agree that this would be a non-story. However, that doesn't seem to be the case here. IANAL either, but the language used seems pretty cut and dry in the intent that the incident be kept under wraps.