Mangum v. Turner

OPINION

BILL VANCE, Justice.

Rubye Mangum, as executrix of the estate of LaVada Oakes and as beneficiary of her will, sued Trent and Donny Turner to rescind three deeds from Oakes and her deceased husband to the Turners. The parties’ attorneys orally agreed to settle Mangum’s claims for $104,000, with the Turners paying Mangum $52,000 and Man-*225gum receiving $52,000 from a fund in which royalty payments were being held. The oral settlement agreement was memorialized in the following “Rule 11 Agreement” that was filed to resolve an upcoming jury trial setting:

The parties to the above litigation…