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Ackerman v. Sobol Family Partnership, LLP

Connecticut Supreme Court

4 A.3d 288 (2010)

Facts

Rena Sobol Ackerman (Ackerman) and the trustees of her trust (collectively, the Ackermans) (plaintiffs) filed actions against individual members of the Sobol family, Sobol-family partnership and management companies, and Bank of America, N.A (the bank) (collectively, the Sobol parties) (defendants). Attorney Glenn Coe represented the Ackermans at mediation, rejected the Sobol parties’ settlement offer, counteroffered on behalf of the Ackermans, was observed conferring with Ackerman at a hearing, had a series of conversations with the Sobol parties’ attorneys in which he made a global offer and repeated assurances that he had settlement authority, and was observed conferring with Ackerman before the bank accepted the offer. Ackerman never indicated that Coe lacked authority to settle the litigation. The Sobol parties moved to enforce the settlement agreement. The court granted the motion, finding that Coe had apparent settlement authority. The Ackermans appealed.

Rule of Law

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Issue

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Holding and Reasoning (Zarella, J.)

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A "yes" or "no" answer to the question framed in the issue section;
A summary of the majority or plurality opinion, using the CREAC method; and
The procedural disposition (e.g., reversed and remanded, affirmed, etc.).

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