This motion concerned the court's approval of a settlement agreement in a breach of contract action.
The defendant, Mary Ozigbo, had been deemed incapable of managing her finances due to early onset Alzheimer's disease after entering into an agreement of purchase and sale for her property with the plaintiff.
The agreement failed to close, leading to litigation.
The parties subsequently reached a settlement whereby the plaintiff's action would be discontinued without costs, and the initial $30,000 deposit would be returned.
The court, pursuant to Rule 7.08 of the Rules of Civil Procedure, found the settlement to be fair and reasonable and granted the order for its approval.
