Hastings Pork v. Johanneson

PEDERSON, Justice.

This is an appeal from a summary judgment enforcing a settlement agreement. We affirm the judgment.

Hastings Pork commenced an action against Johanneson and Olson seeking to recover $157,812.50 plus interest. The basis for the claim was not discussed. Before the case could come to trial, the parties entered into a settlement agreement1 which provid*804ed for procedures whereby Johanneson and Olson were to convey mineral interests having an aggregate fair market value of $200,000 to Hastings and, in return, Hastings agreed to dismiss the lawsuit. The settlement agreement further…