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LEEDS v. FIRST ALLIED CONNECTICUT CORP.

Civil Action No. 8594.

521 A.2d 1095 (1986)

Leonard S. LEEDS and Parkview Convalescent Center, Inc., Plaintiffs, v. FIRST ALLIED CONNECTICUT CORPORATION, a Delaware corporation, and Leo J. Dugan, Jr., Recorder of Deeds in and for New Castle County, Defendants.

Court of Chancery of Delaware, New Castle County.

Decided: December 8, 1986.

Attorney(s) appearing for the Case

Paul P. Welsh, and Palmer L. Whisenant, of Morris, Nichols, Arsht & Tunnell, Wilmington, for plaintiffs.

Louis B. Ferrara, and Michael W. Modica, of Aerenson, Ferrara & Lyons, Wilmington, for defendants.

OPINION

ALLEN, Chancellor.

In this contract action the principal issue is whether an agreement signed by both parties constitutes a contract. Plaintiff, asserting that it does not, sues to remove a cloud on title to real estate caused by defendant's recording of the document which it contends to be a contract to sell that land. Defendant has counterclaimed for specific performance of the alleged contract. This...

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