Legal Opinion

Wells Fargo Funding v. Draper & Kramer Mortgage Corp.

District Court, N.D. Illinois

Decided April 14, 2009No. 08 C 1806PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

JEFFREY COLE, United States Magistrate Judge.

INTRODUCTION

On October 29, 2008, the parties memorialized on the record the terms of a settlement agreement that they had reached after an extended settlement conference. While there was to be a written document incorporating the terms on which they agreed in court, the parties explicitly agreed that there was a binding settlement agreement effective that day. (Transcript of Proceedings on 10/29/08, at 8-9)(“Tr.”). Now, despite having agreed to all of the material terms on the record, they disagree as to what they…

2Cases cited39 opinions

  1. Quake Construction, Inc. v. American Airlines, Inc.Illinois Supreme Court · 1990
  2. Callen v. Pennsylvania RailroadSupreme Court of the United States · 1948
  3. Textron Lycoming Reciprocating Engine Division v. United Automobile, Aerospace & Agricultural Implement WorkersSupreme Court of the United States · 1998
  4. Midland Hotel Corp. v. Reuben H. Donnelley Corp.Illinois Supreme Court · 1987
  5. Beanstalk Group, Inc. v. Am General Corporation and General Motors CorporationCourt of Appeals for the Seventh Circuit · 2002

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3Cited by2 opinions

  1. Federal Deposit Insurance, Corp. v. FBOP Corp.District Court, N.D. Illinois · 2017
  2. James B. Scully v. AVM Biotechnology, Inc., Theresa Deisher, Daniel Spina, and Gerald McLeanDistrict Court, N.D. Illinois · 2026

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