The defendants moved to enforce Minutes of Settlement, which the plaintiffs resisted, arguing the settlement was at an end due to non-compliance with a 30-day payment clause.
The court found that the 30-day clause applied only to the initial settlement option, not to the alternative options triggered by a negative tax opinion.
The court determined that the defendants' election to pay the full settlement amount within a reasonable time was valid, and that the plaintiffs' resistance stemmed from "settlement remorse." The motion to enforce the settlement was granted.
