WRH Properties, Inc. v. Estate of Johnson

INTRODUCTION

¶ 1. The Court is asked to determine whether a telephone conversation between adversaries in a pending lawsuit produced an oral agreement to settle that lawsuit, and, if so, whether that agreement is enforceable? This Court holds that the facts of this case do not represent an enforceable contract and reverses the holding of the Chancery Court.

STATEMENT OF THE CASE

¶ 2. On October 12, 1994, WRH Properties, Inc. (WRH) and the Estate of Clarence Johnson, Jr., (Estate) entered into a contract for sale of subdivision lots. Under the terms of the contract, WRH agreed to purchase 244…