Mathewson Corporation v. Allied Marine Industries, Inc., Brad Foote Gear Works, Third-Party
Court of Appeals for the First Circuit
1Opinion of the Court
SELYA, Circuit Judge.
Having conducted negotiations in a leisurely sort of way, the appellant, Brad Foote Gear Works, Inc. (Foote), let a settlement offer linger overlong on the table. Evincing great displeasure when its outstanding offer was finally accepted, Foote hastily repented and tried to upset the applecart. The district court held Foote to its bargain, and this appeal ensued. We affirm.
I. DOWN THE EAST RIVER.
In 1983, appellee Mathewson Corporation (Mathewson) brought suit in the United States District Court for the District of Massachusetts against another present appellee, Allied…
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