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Home / Opinion Digests / Acceptance of settlement offer created binding contract (access required)

Acceptance of settlement offer created binding contract (access required)

A defendant is obligated to pay a settlement because a question raised by plaintiffs after they accepted the defendant’s offer was not a new term. Background On May 19, 2017, defendant’s former attorney, Jonathan S. Kurtin, sent a letter to plaintiffs on defendant’s behalf. Defendant’s letter contained a counter-offer regarding the distribution of sales proceeds from the ...