Parker v. Severn

This action arose as a result of a dispute between the parties over the validity and interpretation of a written agreement settling the interests of the respective parties in a joint venture.

In the course of the proceedings below, a conference between the parties was held and terms of settlement were agreed upon. The settlement was subsequently submitted for the approval of the court, and judgment in accordance with its terms was entered on May 11, 1970. Plaintiff moved shortly thereafter for a new trial; the trial court denied the motion on August 14, 1970. Plaintiff appeals.

Plaintiff first…