The Delaware Court of Chancery has dismissed a lawsuit begun 13 years ago by a real estate developer against New Castle County over sewer construction in a residential neighborhood after the parties filed competing motions to abandon or rescind a settlement reached seven years ago but never entered into the court record.
In dismissing the case with prejudice, Delaware Court of Chancery Vice Chancellor Sam Glasscock III concluded the parties were bound by a 2007 settlement agreement that the plaintiff contended was rescinded in 2010 by oral contract. He held that any litigation over the settlement must be initiated as a new lawsuit.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]