Loverin v. Paulus

Defendants Thomas Paulus and Commonwealth Management Corporation (Commonwealth) appeal from a money judgment and an attorney fee award against them and in favor of plaintiff. Plaintiff’s complaint included two claims. The first claim sought specific performance of an alleged oral agreement to transfer stock in Commonwealth. Alternatively, the second claim sought a money judgment for contractual indemnity. The two claims were directed at the same outcome — to reimburse plaintiff for sums he paid pursuant to a written agreement in settlement of pending litigation. The case was tried to the…