A $750,000 settlement offer that was accepted during jury deliberations is enforceable, despite the fact that jurors came back with a defense verdict, the Superior Court has ruled.
Because the offer for settlement made by the lawyers for the University of Pennsylvania did not have a time limit for acceptance, it remained open “for a reasonable period of time,” Judge Joan Orie Melvin said for the three-judge panel in Yaros v. Trustees of the University of Pennsylvania. Joining Orie Melvin in the decision were Judges Kate Ford Elliott and Correale F. Stevens.
