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BYBLOS CORP. v. SALEM FARM REALTY TRUST

No. 95-645.

141 N.H. 726 (1997)

THE BYBLOS CORPORATION v. SALEM FARM REALTY TRUST & a.

Supreme Court of New Hampshire.

April 11, 1997.

Attorney(s) appearing for the Case

Wiggin & Nourie, PA., of Manchester (Gordon A. Rehnborg, Jr. on the brief and orally), for the plaintiff.

Wadleigh, Starr, Peters, Dunn & Chiesa, of Manchester (Robert E. Murphy, Jr. and Jennifer L. Murphy on the brief, and Mr. Murphy orally), for defendant Salem Farms Realty Trust.

Alexander's Markets filed no brief.

BRODERICK, J.

Defendant Salem Farm Realty Trust (Salem Farm) appeals the Superior Court's (Coffey, J.) ruling enforcing an oral settlement agreement involving the transfer of a leasehold interest. We conclude that the settlement is subject to the statute of frauds, RSA 506:1 (1983), and accordingly reverse and remand.

I

Salem Farm leases a small building on a tract of land owned by a third party. The plaintiff, the Byblos Corporation, is Salem...

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