General Metal Fabricating Corp. v. Stergiou

Paul V. Simon

Case Conclusion Date:February 14, 2013

Practice Area:Appeals

Outcome:Appellate court affirmed trial court's summary judgment ruling that Rule 11 agreement was enforceable

Description:Rule 11 agreement reached during trial, but depended on jury's verdict on liability issue. Jury returns verdict in favor of other party and awards three times the amount due under parties' agreement. Post-verdict, other party claimed Rule 11 agreement was not enforceable because it failed to include all material terms. Other party wanted to set aside Rule 11 agreement and recover on verdict.