Mediation shall be considered to have been completed only upon the happening of one of the following events:
If an agreement is reached, it shall be reduced to writing and signed by each of the parties. Following execution of the written settlement agreement by all parties, the parties shall file with the Court Form 4 (Memorandum of Agreement/No Agreement) and Form 6 (Mediator Report).
If the parties have reached no agreement and the mediator concludes that further mediation would not be likely to result in agreement, the mediator shall complete and sign Form 4 (Memorandum of Agreement/No Agreement) and Form 6 (Mediator Report), provide a copy of same to each party, and file the same with the Court.
Upon the motion of any party, the Court may enter an order terminating mediation at any time upon good cause shown.
In the event of any breach or failure to perform under the written settlement agreement, the Court upon motion may impose sanctions, including costs, attorneys' fees, or other appropriate remedies, including entry of judgment on the agreement.
Ill. R. Cir. Ct. Cook Cnty. 20.05