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WELLS FARGO FUNDING v. DRAPER & KRAMER MORTG. CORP.

No. 08 C 1806.

608 F.Supp.2d 981 (2009)

WELLS FARGO FUNDING, a Minnesota corporation, and Wells Fargo Bank, N.A., a national banking association, Plaintiffs, v. DRAPER & KRAMER MORTGAGE CORP., a Delaware corporation, Draper and Kramer, Incorporated, a Delaware corporation, and DKH, Inc., a Delaware corporation.

United States District Court, N.D. Illinois, Eastern Division.

April 14, 2009.

Attorney(s) appearing for the Case

Thomas M. Crawford, Daniel G. Litchfield, Kevin Allan Titus, Litchfield Cavo LLP, Chicago, IL, for Plaintiffs.

John Joseph Lydon, Nazia J. Hasan, Gomberg, Shafman, Gold & Ostler, P.C., Chicago, IL, for Draper & Kramer Mortgage Corp., a Delaware corporation, Draper and Kramer, Incorporated, a Delaware corporation, and DKH, Inc., a Delaware corporation.

MEMORANDUM OPINION AND ORDER

JEFFREY COLE, United States Magistrate Judge.

INTRODUCTION

On October 29, 2008, the parties memorialized on the record the terms of a settlement agreement that they had reached after an extended settlement conference. While there was to be a written document incorporating the terms on which they agreed in court, the parties explicitly agreed that there was a binding settlement agreement effective that day. (Transcript...

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