TERMS OF SETTLEMENT
WHEREAS:
A) The parties herein to this action pending before the High Court in the matter titled GEORGE SEVOR V. DORIS SEVOR, FAVOUR SEVOR and PROSPER ODUM with Suit No. GJ/113/2018 have agreed to settle the issue amicably at Court Connected ADR;
B) Pursuant to that desire, both parties mentioned above compromised to resolve their conflict at a mediation conference to which they agreed on the following terms as final resolution of the matter:
(1) That the parties are thirteen siblings who are all beneficiaries of Rasco Hotel located at Madina in the greater Accra Region an estate bequeathed to them by their late father R. K. Sevor.
(2) That five of the beneficiaries namely George Sevor, Gordon Sevor, Christiana Sevor, Alberta Sevor and Margaret Sevor have agreed to relinguish their interest in the aforementioned property through George Sevor the administrator of the estate of R. K. Sevor.
(3) At the mediation confence, parties agreed that the property in questi…