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Division 1 Court of Appeals

Daoying Cai et ano v. Boheng Wen et al

 

Cai and Hong sued Xie and Wen for conversion, breach of contract, constructive trust, fraudulent conveyance, unjust enrichment, CPA violations, and negligence following an investment dispute. Before trial, the parties agreed to settle and entered a CR2A agreement in which Xie and Wen agreed to pay Cai and Hong $650,000. The post-settlement and enforcement action went on for years until Xie and Wen moved for enforcement of the settlement agreement, which the court denied. On appeal, Xie and Wen claim, among other things, that Cai and Hong colluded with their counsel to breach the settlement agreement by failing to obtain the maximum sale price for the first family home, the court erred by failing to hold an evidentiary hearing re compliance with the settlement agreement, and if the court denied enforcing the settlement agreement based on res judicata, it erred in doing so. COA# 885651. King County Superior Court# 20-2-04180-7 SEA.