The court enforced a $150,000 consent to judgment after the defendants defaulted on a $75,000 settlement, finding it was not an unconscionable penalty.
The plaintiffs moved for judgment in the amount of $150,000 based on Minutes of Settlement, following the defendants' default on installment payments.
The court considered whether the consent to judgment constituted an unenforceable penalty clause or if relief from forfeiture was warranted for payments already made.
The court found the stipulated sum was not unconscionable given the negotiated nature of the settlement and the original claim amount.
Relief from forfeiture was denied as the bargain was not unconscionable and the defendants were dilatory in seeking relief.
The motion for judgment was granted, and costs were awarded to the plaintiffs.
