Fotinos v. Baker

OPINION

LIVERMORE, Presiding Judge.

Taking the evidence in the light most favorable to sustaining the verdict it appears that on July 14, 1985, on the eve of trial of two cases brought by plaintiff Gus Fotinos against defendants Leslie and Joy Baker, the parties through their lawyers orally settled the cases and the trial court was so notified. Because of the settlement, the trial judge dismissed the cases. Essentially the settlement provided that in return for the dismissal the Bakers would pay Fotinos $510,000 with interest within 66 months. The debt would be secured by a collateral…