Brady Dougan v. Tomoko Hamada Dougan

Summary

The court affirmed the Appellate Court's judgment requiring enforcement of the interest provision in the parties' stipulated dissolution judgment. It held that judicial estoppel barred the plaintiff from later asserting that the provision was an unenforceable penalty after he had represented under oath that he understood and accepted the agreement as fair and equitable. Because judicial estoppel resolved the appeal, the court did not decide whether the provision independently violated public policy.