New York Navigation Law Section 183 - Settlements.

 183. Settlements.  The  administrator  shall  attempt to promote and
  arrange a settlement between the claimant and the person responsible for
  the discharge. If the source of the  discharge  can  be  determined  and
  liability is conceded, the claimant and the alleged discharger may agree
  to  a  settlement  which shall be final and binding upon the parties and
  which will waive all recourse against the fund.

Last modified: February 3, 2019