NTR Metals secures declaratory judgment enforcing settlement agreement
Client(s) NTR Metals, LLC
Jones Day represented NTR Metals, LLC in a declaratory judgment action to enforce a Mutual Release and Settlement Agreement entered into with a business associate after years of unconsummated negotiations, prevailing on summary judgment in this breach of contract suit. Summary judgment was entered in NTR's favor over affirmative defenses alleging the contracting party was incompetent and subjected to economic duress, undue influence, and unconscionability. The court entered summary judgment enforcing the agreement, rejecting claims of duress, incompetency, undue influence, and lack of consideration.