Va. Code Ann. tit. 8.01, ch. 16
Compromises
8.01-424Approval of compromises on behalf of persons under a disability in suits or actions to which they are parties8.01-424.1Settlement of third-party action; deemed consent by employer8.01-425How fiduciaries may compromise liabilities due to or from them8.01-425.1Release of liability; right of rescission