Baker v. Yeager

OPINION

EVANS, Chief Justice.

The appellants seek review of a summary judgment that awards the appellees the sum of $50,000 as liquidated damages based upon a “mutual release” agreement that the parties executed during the pend-ency of suit.

The appellants instituted this action, claiming that the appellees had mishandled funds entrusted to them in a land development project in Brazoria County. The appellants sought both injunctive relief and monetary damages. During the pendency of the action, the appellees filed a motion to dismiss with prejudice, alleging that the parties had reached an…