The parties executed Minutes of Settlement following a mediation, which required the plaintiff to pay $1,325,000 to the defendant and for a farm property to be vested in the plaintiff.
A dispute arose regarding the tax consequences of the settlement.
Given the delay and the defendant's need for funds, the court issued an interim order implementing the non-controversial terms of the settlement, requiring the immediate payment of the funds into escrow and the registration of the vesting order and collateral mortgage, pending a final decision on the disputed issues.
