Pavek v. Curran

OPINION

RABINOWITZ, Justice.

In this case we consider the enforceability of a settlement agreement made by the parties in a hearing before the superior court but not yet reduced to writing. The superior court refused to enforce the agreement, and we reverse.

I. FACTS AND PROCEEDINGS IN THE SUPERIOR COURT.

In 1982, Ardella Pavek and Hazel Curran started a video rental business in Eagle River, Alaska. Shortly thereafter, they incorporated the business under the name Video to Go, Inc. In March 1986, Pavek and Curran’s business relationship soured, and Pavek filed suit against Curran seeking…