1 total
Specific performance ordered to enforce settlement agreement after respondent refused to execute purchase documents.
The parties sought to enforce Minutes of Settlement regarding the division and sale of jointly owned commercial properties.
The respondents alleged the applicants breached the agreement by failing to extend a bid deadline during the property auction.
The court found the applicants did not breach the agreement, as the independent broker recommended against the extension and the contract did not require it.
The respondents were found in breach for refusing to execute the backstop purchase agreement without unauthorized amendments.
The court ordered specific performance, compelling the respondents to execute the agreement as drafted.