Jan. 31, 2015
Buyer's remorse breeds buyer's recourse
Having consented to a settlement, a settling party who later develops buyer's remorse cannot simply back out of the agreement. But they can sue their lawyer. By Louie Castoria
Louie H. Castoria
Partner
Kaufman, Dolowich & Voluck LLP
425 California St 21st Fl
San Francisco , CA 94104
Phone: (415) 926-7601
Fax: (415) 926-7601
Email: lcastoria@kdvlaw.com
UC Berkeley Boalt Hall
Louie is a mediator with CourtCall Online Dispute Resolution, a member of the Mediation Society, a mandatory settlement officer with the San Francisco County Superior Court, and an adjunct professor of law at Golden Gate University. He won his first U.S. Supreme Court on July 1, 2021.
"We have a settlement!" the mediator proudly announces. The parties have agreed, perhaps grudgingly, to re-leash the dogs of war they had let slip when the lawsuit began, have made their peace, and have released everyone: the opposing parties, their spouses, agents, counsel, insurers, and assigns - everyone except their own lawyers.
Having consented in writing or on the court record to settle, a settling party who later develops "buyer's remorse" cannot simply back out of the ...
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