Michigan Supreme Court, 2015

Bank of New York Mellon v. Jaafar

Bank of New York Mellon v. Jaafar
Michigan Supreme Court · Decided July 2, 2015
498 Mich. 860; 865 N.W.2d 39

Bank of New York Mellon v. Jaafar

Opinion

Pursuant to MCR 7.302(H)(1), in lieu of granting leave to appeal, we reverse the judgment of the Court of Appeals.

An offer “is the manifestation of willingness to enter into a bargain, so made as to justify another person in understanding that his assent to that bargain is invited and will conclude it.” See Eerdmans v Maki, 226 Mich App 360, 364 (1997). Here, and contrary to the judgment of the Court of Appeals, the January 20, 2012 e-mail from plaintiffs counsel to defendants’ counsel did not constitute an offer to settle this case. Instead, this e-mail inquired whether defendants would present an offer at some point in the future, which they did, through a subsequent e-mail by their counsel. Defendants’ counsel confirmed that this subsequent e-mail was an offer by later inquiring whether plaintiff had accepted their offer. For these reasons, and for the reasons stated by the Court of Appeals’ dissenting opinion, no enforceable settlement agreement existed to bind the parties in this case. We remand this case to the Wayne Circuit Court for further proceedings not inconsistent with this order. We do not retain jurisdiction.

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