‘We Have a Deal’ Email From Lawyer Creates a Binding Settlement
A U.S. magistrate judge in the Southern District of New York has ruled that the terms of a settlement negotiated via email can be enforced as a binding contract.
In a post on Steptoe & Johnson’s SDNY Blog,
Dykstra’s lawyer had written “we have a deal” in an email chain with settlement terms but later argued that the terms also needed to include a “standard” mutual release, writes Michael.
