Rosen v. Ascentry Technologies, Inc.

¶1 This case concerns the effect of a settlement agreement entered into by Geoffrey Rosen after he sued the respondents, Ascentry Technologies, Inc., and Federico Pacquing. Ascentry concedes it breached the agreement, but argues that Rosen may no longer pursue his original claims because he clearly released them in exchange for Ascentry’s promise to pay $50,000, and not in exchange for payment itself. The trial court ruled that the parties reached a binding agreement, dismissed Rosen’s case with prejudice, and ordered Ascentry to pay Rosen $50,000 consistent with the agreement.

Lau, J.

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