Stipulated Recommended Resolution

STIPULATED RECOMMENDED RESOLUTION. This form is used to document a stipulated recommended resolution in a workers' compensation case in New Mexico. It is generated after a mediation conference, where both the worker and employer/insurer have discussed the issues raised in a workers' compensation complaint and have negotiated a resolution. The form outlines the terms of the agreement reached between the parties, and it serves as a recommendation from the Director or a designated mediator. The purpose of this form is to formalize the negotiated resolution and provide the parties with the option to accept or reject the terms within a 30-day period. If the resolution is not rejected within that time frame, it becomes binding on the parties involved. The form also informs the parties about the consequences of rejecting the resolution without reasonable basis or expectation, including potential penalties. www.FormsWorkflow.com