The plaintiffs sued the defendant for breach of contract after an aborted real estate transaction.
The parties subsequently negotiated a revised agreement of purchase and sale, which eventually closed.
The plaintiffs later amended their claim, arguing the subsequent sale was merely in mitigation of damages and sought the difference in purchase price.
The defendant moved to dismiss the action, arguing the subsequent sale was part of a settlement agreement that resolved the litigation.
The court agreed with the defendant, finding that the objective interpretation of the parties' communications and conduct demonstrated an intention to settle the litigation by reviving the transaction, exchanging mutual releases, and dismissing the claims without costs.
The action and counterclaim were dismissed.