Dweck v. Nasser

OPINION

LAMB, Vice Chancellor.

A minority stockholder, and former president, chief executive officer, and director of a closely held corporation seeks to enforce a settlement agreement terminating the litigation between herself and the defendant, the majority stockholder. On November 19, 2007, a long-time attorney, business associate, and close personal friend of the defendant agreed to a settlement after protracted negotiations.

Even though the defendant instructed the attorney to “speak in his name” in the settlement negotiations and consented to the material terms, the defendant rejected the…