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TNT PROPERTIES v. TRI-STAR DEVELOPERS

No. A03-1186.

677 N.W.2d 94 (2004)

TNT PROPERTIES, LTD., Appellant, v. TRI-STAR DEVELOPERS LLC, et al., Respondents.

Court of Appeals of Minnesota.

March 23, 2004.

Attorney(s) appearing for the Case

Mark J. Kallenbach, Minneapolis, MN, for appellant.

Richard M. Carlson, Minneapolis, MN, for respondents.

Considered and decided by TOUSSAINT, Presiding Judge, HALBROOKS, Judge, and HUSPENI, Judge.

OPINION

HALBROOKS, Judge.

After reaching a settlement in their real estate transaction, the agreement was read into the record in open court, and all parties expressly assented to its terms. Appellant later refused to honor the agreement, arguing that respondents had breached the agreement by failing to timely tender the first installment payment or, in the alternative, that the agreement was unenforceable under...

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