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BAUER v. AMERICAN INTERN. ADJUSTMENT CO., INC.

No. C6-85-2290.

389 N.W.2d 765 (1986)

Leroy BAUER, Appellant, v. AMERICAN INTERNATIONAL ADJUSTMENT COMPANY, INC., et al., Pennsylvania and New Hampshire Insurance Company, Respondents.

Court of Appeals of Minnesota.

Review Denied September 24, 1986.

Attorney(s) appearing for the Case

Robert A. Nicklaus, Mary Kendall Adler, Nicklaus, Monroe, Fahey & Cooper, Chaska, for appellant.

Michael R. Quinlivan, Arthur, Chapman, Michaelson & McDonough, Minneapolis, for American Intern. Adjustment Company, Inc., et al.

Mark A. Gwin, Cousineau, McGuire, Shaughnessy & Anderson, Minneapolis, for Pennsylvania and New Hampshire Ins.Co.

Heard, considered and decided by POPOVICH, C.J., and NIERENGARTEN and RANDALL, JJ.

OPINION

NIERENGARTEN, Judge

This appeal is from judgment entered on behalf of respondent insurance companies and their agent. The trial court rescinded an alleged settlement agreement between appellant LeRoy Bauer and respondents because it was founded on a unilateral mistake of material fact known to Bauer. We reverse.

FACTS

This disputed agreement purportedly settled a products liability action. LeRoy Bauer brought suit against the distributor...

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