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Home / Opinion Digests / Agreement to distribute sale proceeds upheld (access required)

Agreement to distribute sale proceeds upheld (access required)

In this interpleader action, even though there was a mutual mistake of fact regarding a settlement to distribute the proceeds of a property sale, respondents, who seek to reform the distribution agreement, are equitably estopped from doing so. Overview Gerald and Nancy Friedman owned a 50 percent interest in property located in North Carolina. The Goldsteins (Laura ...