Schlumberger Technology Corp. v. Swanson

This is a commercial dispute. In settling this dispute, the Swansons signed a release that disclaimed reliance on the representations of Schlumberger. The question is whether this disclaimer precludes, as a matter of law, the Swansons from recovering damages against Schlumberger for fraudulently inducing them to settle. ■ The trial court granted a judgment for Schlumberger notwithstanding the jury’s verdict for the Swansons. The court of appeals reversed, holding that the disclaimer of reliance did not preclude the Swansons’ fraudulent inducement claim. 895 S.W.2d 719. We agree with the trial…