WILLIAMSON V. THE BANK OF NEW YORK MELLON
947 F. Supp. 2d 704 (2013)
NATURE OF THE CASE: Bank (D) motioned to enforce a settlement agreement.
FACTS: In 2011, Williamson (P) was no longer able to make her mortgage payments, so she
and Countrywide entered into a 'loan modification agreement.' P made three trial payments
but P alleges that Countrywide allegedly did not apply these trial payments to the loan's
outstanding balance. D later acquired the note and deed. D refused to honor the alleged
Williamson-Countrywide modification agreement. P applied for a loan modification from D on
four occasions, and each was denied. D foreclosed on the Property.
P sued D for claims arising out of the foreclosure. D removed the case and then moved to
dismiss. The attorneys exchanged a number of emails in an attempt to settle the dispute. D
offered P $2500 but P must vacate the Property no later than January 24, 2013 and release
all the claims she asserted against the D. P counteroffered for $4000 and would vacate on or
before February 1. That offer was to remain open until 3:00pm today. D inquired for
clarification on the terms. D then replied: 'That's doable. I'll probably need seven days to
get your client a draft Settlement Agreement to review, then it'll probably take a few weeks
to get it executed on my side. . . . We should probably get something on file with the court
letting the Judge know we are trying to paper a settlement.' D's attorney concluded his
emails to P's attorney with his first name, 'Marc.' P's attorney closed his with a
'signature block' - a block of text containing McInnis's name and contact information. The
parties jointly notified the Court that they had 'reached an agreement on terms of
settlement.' P terminated her attorney's representation. The court granted, a motion to
withdraw. P then refused to abide by the terms of the settlement agreement negotiated on her
behalf. D now moves to enforce the agreement.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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