IN RE RAYMARK INDUSTRIES, INC.

Nos. 86-2498, 86-2499 and 86-2967.

831 F.2d 550 (1987)

In re RAYMARK INDUSTRIES, INC., Petitioner. Wanda JENKINS, et al., Plaintiffs-Appellees, v. RAYMARK INDUSTRIES, INC., Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied December 3, 1987.


PATRICK E. HIGGINBOTHAM, Circuit Judge:

We review the district court's construction of an unwritten settlement agreement. The agreement's terms were not reduced to a clearly stated document because the settlement was made during the trial of a large class action under a deadline imposed by a major defendant's threat of bankruptcy. We describe the negotiations leading to settlement before we explain our affirmance of the district court's interpretation.

I...

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