OPINION

SIMANDLE, Chief Judge:

I. INTRODUCTION

This insurance coverage litigation concerns Defendant Canopius U.S. Insurance Company's (hereinafter, "Defendant") refusal to pay insurance benefits to Plaintiffs Antonio Giaccone and Rita Giaccone (hereinafter, "Plaintiffs") for their claim that a January 31, 2013 storm severely damaged their commercial and rental property in Pleasantville, New Jersey. (See generally Compl. at ¶ 3.)

Defendant now moves at the outset of this action for summary judgment or for the dismissal of Plaintiffs' Complaint on the ground that they contractually released Defendant from "any and all further obligation" under the insurance policy, No. OUS16008338 (hereinafter, the "Policy"). (See generally Def.'s Br. at 1.) Defendant specifically asserts that the parties entered into a Release and Settlement Agreement (hereinafter, the "Settlement Agreement" or "Agreement") on November 27, 2013, concerning Plaintiffs' claim for property damage that occurred during Hurricane Sandy on October 29, 2012. (See Ex. C to Greisman Aff.) The provisions of the executed Agreement, however, release Defendant from "any and all claims" arising out of damages "that occurred on or about October 29, 2012 (the `Subject Loss')," and from "any and all" other claims that Plaintiffs could have asserted against the Policy, including unknown claims and those not expressly mentioned in the Settlement Agreement. (Id. at 1-3.) Indeed, the Agreement contains a specific covenant that Plaintiffs had, at the time of the Agreement's execution, "no remaining claims of any kind" under the Policy. (Id. at 3.)

As a result, Defendant asserts that Plaintiffs' supplemental claim for property damage that occurred on January 31, 2013, approximately ten months prior to execution of the Settlement Agreement, constitutes an impermissible attempt to recover "in contravention of the clear and unambiguous terms" of the Agreement. (Reisman Aff. at ¶ 13.) Defendant therefore requests that the Court enforce the Agreement "and dismiss Plaintiffs' Complaint, in its entirety, with prejudice," or, in the alternative, enter summary judgment in its favor. (Def.'s Br. at 1, 7-10.) In addition, and based upon the terms of the Settlement Agreement, Defendant seeks to recover the attorney's fees and costs incurred as a result of this litigation. (See id. at 9-10.)

Plaintiffs do not dispute the existence, or their execution, of the Settlement Agreement. Rather, Plaintiffs challenge the scope and interpretation of the Agreement on its face, and argue that certain language makes clear that the Agreement concerned only "losses from Super Storm Sandy on October 29, 2012, and not later losses to the property." (Pls.' Opp'n at 2, 6-8.) Plaintiffs therefore submit that the Settlement Agreement has no effect on their ability to pursue a claim for property damage that occurred on January 31, 2013. Moreover, even if the Agreement's terms sweep broadly to release any and all claims, Plaintiffs argue that factual disputes concerning the Agreements' validity preclude the entry of summary judgment. (See Pls.' Opp'n at 8-9.)

The principal issues before the Court concern the scope of the claims released in the Settlement Agreement, namely, whether the Agreement narrowly applies only to causes of damage stemming from Hurricane Sandy on October 29, 2012, or broadly precludes claims for any and all potential losses covered by the Policy; and whether issues of fact preclude the Agreement's enforcement.

For the reasons set forth below, the Court will treat Defendant's motion as one for summary judgment, and will grant the motion.

II. BACKGROUND

A. Factual and Procedural Background1

Plaintiffs own a commercial and rental property in Pleasantville, New Jersey. (See generally Compl.) On May 31, 2012, Defendant issued Plaintiffs a "Commercial Lines" insurance policy for the period of May 2, 2012 to May 3, 2013. (Ex. A to Compl.)

On October 29, 2012, however, Hurricane Sandy "ripped the roof completely off of the building," allowing water to flood the property. (Giaccone Dep. at 8:1-9; see also Pls.' SMF at ¶ 2.) As a result, Plaintiffs, through their licensed Public Adjuster, Michael DeRita, submitted an insurance claim to Defendant for the losses associated with Hurricane Sandy. (DeRita Cert. at ¶¶ 1-2.) In investigating the claim, Defendant's claims agent represented that 80% of the damages to Plaintiffs' property resulted from a subsequent storm, rather than Hurricane Sandy. (See DeRita Cert. at ¶ 2; Ex. A to DeRita Cert.) Defendant's agent, in making the final offer, indicated that the offer was more than it would have been for just Sandy-related damage alone. (See Ex. A to DeRita Cert.)

Nevertheless, Defendant offered to settle Plaintiffs' claim in its entirety and, on October 31, 2013, forwarded a four page proposed settlement and release through Raphael & Associates, Defendant's claims administrators, in order to resolve the claim. (Ex. B to DeRita Aff.) The Agreement, which Plaintiffs executed on November 27, 2013, provided that Plaintiff would receive a total payment of $458,446.11 in full satisfaction of their outstanding insurance claim. (See generally Ex. C to Greisman Aff.) In exchange for this payment, Plaintiffs agreed to release any and all claims related to the property damage and loss that occurred on October 29, 2012, and further agreed to release all other claims that Plaintiffs "could have [] made" under the Policy and/or against Defendant. (Id. at 2-3.)

The Settlement Agreement provided, in particular, three specific provisions relevant to the pending motion. First, Plaintiffs agreed

(Id. (emphasis added).) Second, Plaintiffs agreed to

(Id. at 2-3 (emphases added).) Finally, the Settlement Agreement provided for an award of "attorney's fees, interest, costs and expenses of litigation" to the "prevailing party in any action to enforce" the Settlement Agreement. (Id. at 4.)

In executing the Settlement Agreement, Plaintiffs acknowledged, before a Notary Public, that they read and reviewed the Agreement in its entirety and fully understood its provision. (Id. at 4.) Nevertheless, on January 16, 2014, ten months after executing the Settlement Agreement, Plaintiffs submitted a second claim under the Policy for damages allegedly sustained to their property during a subsequent storm on January 31, 2013. (Greisman Aff. at ¶ 11; see also Compl. at ¶ 3.) On June 10, 2014, however, Defendant denied coverage for this "supplemental claim" on the ground that the Settlement Agreement, on its face, released Defendant from any and all obligations under the 2012-2013 policy.2 (Ex. E to Greisman Aff.)

Following Defendant's declination of coverage, Plaintiffs filed the initial state court Complaint on September 22, 2014, alleging that Defendant breached its contractual obligations and duty of good faith and fair dealing by refusing to provide coverage for the January 31, 2013 loss. (See Ex. A to Reisman Aff.) Defendant removed the action to this Court on November 6, 2014 [see Docket Item 1], and the pending motion followed. [See Docket Item 3.]

III. PRELIMINARY ISSUE

The Court must, at the outset, determine how to treat Defendant's motion.

Plaintiffs argue that the Settlement Agreement cannot form the basis of a motion to dismiss under Federal Rule of Civil Procedure 12(b)(6) because Plaintiffs' Complaint does not explicitly or implicitly rely upon the Agreement. (See, e.g., Pls.' Opp'n at 5-6.)

It is axiomatic that the Court may not, in resolving a motion to dismiss under Rule 12(b), consider "matters extraneous to the pleadings." In re Burlington Coat Factory Sec. Litig., 114 F.3d 1410, 1426 (3d Cir.1997). Rather, the Court may only consider a "`document integral to or explicitly relied upon in the complaint,'" or an "`undisputedly authentic document'" if such document forms the predicate for the complaint. In re Rockefeller Ctr. Props., Inc., Sec. Litig., 184 F.3d 280, 287 (3d Cir.1999) (citations omitted).

Here, Defendant's motion turns, in its entirety, upon the terms and interpretation of the Settlement Agreement, a document neither referenced nor inherently critical to Plaintiffs' Complaint. When "matters outside the pleadings are presented to and not excluded by the court, the motion must be treated as one for summary judgment under Rule 56," and the Court must ordinarily provide all parties with adequate notice and an opportunity to supplement the record. Fed. R.Civ.P. 12(d). Where, however, the movant frames the motion to dismiss in the alternative as one for summary judgment, as here, the Court may convert the motion without notice, because the motion itself puts the non-moving party on sufficient notice that the Court might treat the motion as one for summary judgment. See, e.g., S. Jersey Gas Co. v. Mueller Co., Ltd., No. 09-4194, 2010 WL 1742542, *4 (D.N.J. Apr. 27, 2010) (citing Hilfirty v. Shipman, 91 F.3d 573, 578-79 (3d Cir.1996); Carver v. Plyer, 115 Fed.Appx. 532, 536 (3d Cir. 2004)). Indeed, Plaintiffs specifically addressed the summary judgment standard in their opposition to the pending motion, and appended a statement of material facts, thereby confirming their knowledge that the Court may treat Defendant's motion as one for summary judgment. (See, e.g., Pls.' Opp'n at 3-4, 6-9; see Pls.' SMF.)

For these reasons, the Court will treat Defendant's motion as one for summary judgment under Federal Rule of Civil Procedure 56, and turns to the relevant standard.3

IV. STANDARD OF REVIEW APPLICABLE TO DEFENDANT'S MOTION

Federal Rule of Civil Procedure 56(a) generally provides that the "court shall grant summary judgment if the movant shows that there is no genuine dispute as to any material fact" such that the movant is "entitled to judgment as a matter of law." FED. R. CIV. P. 56(a).

V. DISCUSSION

The parties take, as stated above, diametrically opposed positions on the scope and interpretation of the Settlement Agreement. (Compare Def.'s Br. at 8 (arguing that the Settlement Agreement covers all potential claims during the policy period), with Pls.' Opp'n 6-8 (arguing that the Settlement Agreement solely covers damage that occurred on or about October 29, 2012)).

For the reasons that follow, however, the Court finds the limited terms of the Settlement Agreement to be remarkably clear on their face. Nevertheless, because the pending motion turns in part on the issue of contract interpretation, the Court will first introduce the relevant interpretative principles, prior to addressing the substantive provisions of the Settlement Agreement and their effect on the claims asserted by Plaintiffs.

A. Relevant Principles of Contract Interpretation

A settlement agreement constitutes a simple legal contract subject to enforcement through the application of basic principles of state contract law. See, e.g., Weisman v. N.J. Dep't of Human Servs., 982 F.Supp.2d 386, 391-92 (D.N.J.2013) (citation omitted), aff'd, 593 Fed.Appx. 147 (3d Cir.2014); see also In re Cendant Corp. Sec. Lit., 569 F.Supp.2d 440, 443 (D.N.J.2008) (citing Impink ex rel. Baldi v. Reynes, 396 N.J.Super. 553, 935 A.2d 808, 812 (2007) (noting that "[a] settlement between parties to a lawsuit is a contract like any other contract, which may be freely entered into and which a court ... should honor and enforce as it does other contracts")).

In construing contracts, the Supreme Court of New Jersey has repeatedly instructed that "clear and unambiguous" contracts leave "`no room for interpretation or construction'" and must be enforced "`as written.'" Sheet Metal Workers Int'l Ass'n Local Union No. 27, AFL-CIO v. E.P. Donnelly, Inc., 737 F.3d 879, 900 (3d Cir.2013) (citations omitted) (discussing New Jersey contract law). In other words, clear contractual provisions "must be given effect without reference to matters outside the contract." Bohler-Uddeholm, Inc. v. Ellwood Grp., 247 F.3d 79, 93 (3d Cir.2001) (internal quotations and citations omitted).

Moreover, it is well settled that "`a party who enters into a contract in writing, without any fraud or imposition being practiced upon him, is conclusively presumed to understand and assert to its terms and legal effect.'" Rudbart v. N. Jersey Dist. Water Supply Comm'n, 127 N.J. 344, 605 A.2d 681, 685 (1992) (citation omitted). Indeed, "signing a contract creates a `conclusive presumption that the signer read, understood, and assented to its terms.'" Raiczyk v. Ocean Cnty. Veterinary Hosp., 377 F.3d 266, 270 (3d Cir. 2004) (quoting Fleming Cos., Inc. v. Thriftway Medford Lakes, Inc., 913 F.Supp. 837, 842-43 (D.N.J.1995)). Failing to read a contract therefore provides no defense to an agreement's binding terms, see Baig v. Nuclear Regulatory Comm'n, No. 10-0842, 2013 WL 1558707, at *3 (D.N.J. Apr. 10, 2013) (citing Modern Security v. Lockett, 143 A. 511 (N.J.1928); Riverside Chiropractic Grp. v. Mercury Ins. Co., 404 N.J.Super. 228, 961 A.2d 21 (2008)), and a contract may not be rescinded where a unilateral mistake occurred "as a result of the mistaken party's own negligence." Weisman, 982 F.Supp.2d at 395 (citation omitted).

Nevertheless, a narrow exception arises in the face of evidence that the contract resulted from fraud, duress, and/or misrepresentation. See S.A. Citrique Belge N.V. v. Northeast Chems., Inc., No. 12-5408, 2013 WL 3223389, at *2 (D.N.J. June 25, 2013) (citing Van Houten Serv., Inc. v. Shell Oil Co., 417 F.Supp. 523, 527 (D.N.J.1975)). Indeed, under such circumstances, even the clearest of contracts may prove voidable and rescindable. See Windsor Card Shops, Inc. v. Hallmark Cards, Inc., 957 F.Supp. 562, 568 n. 8 (D.N.J.1997) (citation omitted) (noting that a misrepresentation may render a contract voidable); see also First Am. Title Ins. Co. v. Lawson, 177 N.J. 125, 827 A.2d 230, 237 (2003) (citation omitted) (noting that "equitable fraud provides a basis for a party to rescind a contract"). In the absence of some mistake, fraud, duress, or other "imposition," however, parties will be bound by the clear and unambiguous terms of their agreements. Weisman, 982 F.Supp.2d at 395.

B. The Settlement Agreement Broadly Waives Any and All Claims under the Policy, including the Claims asserted by Plaintiffs in this Litigation

Here, Plaintiffs do not point to any ambiguity in the Agreement, nor do they suggest that the Agreement otherwise lacks sufficient clarity as to its effect. (See generally Pls.' Opp'n at 6-8.) Rather, based upon a single provision of the Settlement Agreement, Plaintiffs insist that it "solely" concerns "damage stemming from" Hurricane Sandy. (Pls.' Opp'n at 7 (emphasis in original).) Nevertheless, in looking at the terms of the Agreement on the whole, the Court finds no support for the limited scope asserted by Plaintiffs.

The Settlement Agreement defines, at the outset, the damage caused on October 29, 2012 as the "Subject Loss," and specifically provides that Plaintiffs forever release Defendant from "any and all claims" associated with this Loss. (Ex. C to Reisman Aff.) Nevertheless, the Agreement goes on to provide that Plaintiffs also agreed to release Defendant from "any and all claims and rights which [they] may have against [Defendant]," including those of which Plaintiffs were "not aware and those not mentioned in" the Settlement Agreement. (Id. at 2.) The Settlement Agreement then reinforces the broad scope of this release by reiterating that Plaintiffs "specifically release[] the following claims: Any and all claims that were made or could have been made under or against [the] insurance policy issued by" Defendant. (Id.) Indeed, Plaintiffs "specifically agreed" that, as of the date of execution, they had "no remaining claims of any kind" under the Policy. (Id.)

In arguing that the Settlement Agreement possesses a limited scope, Plaintiffs assert that the Agreement's identification of the October 29, 2012 Hurricane Sandy damage as the "`Subject Loss'" necessarily dictates that the Settlement Agreement covers only Plaintiffs' claims related to this Loss. (Pls.' Opp'n at 7.) When viewed in its entirety, however, the Settlement Agreement imposes no such limitation, nor does the language of the release limit its coverage to only the Subject Loss. See Cumberland Cnty. Improvement Auth. v. GSP Recycling Co., Inc., 358 N.J.Super. 484, 818 A.2d 431, 438 (2003) (citations omitted) (noting that a contract "must be read as a whole," and that "[l]iteralism must give way to context"). In fact, the Settlement Agreement could not be clearer in its broad expression of the scope of the released claims, and Plaintiffs' narrow interpretation would impermissibly render multiple provisions of the Agreement meaningless. See Porreca v. City of Millville, 419 N.J.Super. 212, 16 A.3d 1057, 1070 (2011) (citations omitted) ("A contract `should not be interpreted to render one of its terms meaningless.'").

Critically, despite the definition of "Subject Loss," the Settlement Agreement expressly provides, as stated above, that the Agreement releases "any and all claims," including those not known to Plaintiffs, those "not mentioned" in the Agreement, and/or any claims that "could have been made under or against" the Policy. (Ex. C to Reisman Aff.) In parsing this language, it is a bedrock principle of contract interpretation that the "phrase `any and all' allows for no exception," particularly where, as here, the language following the phrase specifically mentions "any and all claims" of any kind, whether known and/or unknown, against the Policy and Defendant. Isetts v. Borough of Roseland, 364 N.J.Super. 247, 835 A.2d 330, 335-36 (2003) (citing Atl. Cas. Ins. Co. v. Interstate Ins. Co., 28 N.J.Super. 81, 100 A.2d 192, 198 (1953) ("[t]he word `any' clearly may and should be interpreted as meaning `all or every'")).

These all-inclusive provisions therefore provide a clear and express indication that the Agreement required, by its very terms, the release of all potential claims against Defendant, regardless of whether they arose from Hurricane Sandy or any subsequent storm. In other words, these provisions make plain that the Settlement Agreement subsumed and covered all of the damages to Plaintiffs' property up to the November 27, 2013 Settlement date. See Recchia v. Kellogg Co., 951 F.Supp.2d 676, 687-88 (D.N.J.2013) (finding a release of "`any and all other claims'" left "no doubt as to the nature" of the waived claims)

For these reasons, the Court rejects Plaintiffs' position that the Agreement and its release "solely" concerned the damage stemming from Hurricane Sandy on October 29, 2012. (Pls.' Opp'n at 7 (emphasis in original).) Therefore, the Court turns to Plaintiffs' alternative challenge to the Agreement's enforcement.

C. No Genuine Issues of Material Fact Preclude the Entry of Summary Judgment in Defendant's Favor

In challenging the Agreement's effect on the claims in this litigation, Plaintiffs alternatively argue that issues of fact concerning whether a meeting of the minds produced the Agreement preclude summary judgment. (See Pls.' Opp'n at 8.) Defendant, however, argues that "the alleged circumstances leading up to the Settlement" may not be "relied upon to alter the [otherwise] clear and unambiguous terms of the writing."4 (Greisman Supplemental Aff. at ¶ 8.)

A "legally enforceable agreement" must be the product of mutual assent, and requires "`a meeting of the minds.'" Atalese v. U.S. Legal Servs. Grp., L.P., 219 N.J. 430, 99 A.3d 306, 312-13 (2014) (citations omitted). Mutual assent, in turn, "requires that the parties have [a full] understanding of the terms to which they have agreed," and an effective waiver in any contract requires that "`a party have full knowledge of his legal rights and [an] intent to surrender those rights.'" Id. at 313; see also Weisman, 982 F.Supp.2d at 394 (quoting Hoffman v. Supplements Togo Mgmt., LLC, 419 N.J.Super. 596, 18 A.3d 210, 216 (2011) (citing W. Caldwell v. Caldwell, 26 N.J. 9, 138 A.2d 402, 410-11 (1958))).

Here, based upon the circumstances leading up to their receipt and execution of the Settlement Agreement, Plaintiffs assert that they understood the Agreement to concern only damages arising from Hurricane Sandy on October 29, 2012. (See Pls.' Opp'n at 8.) Indeed, Mr. Giaccone specifically testified during his deposition that he believed the Settlement Agreement only covered "certain damages that occurred during the Sandy storm," and not any damage caused by storms following Hurricane Sandy.5 (Giaccone Dep. at 14:7-17:15.) Mr. DeRita, Plaintiffs' Public Adjuster, similarly certified that he received the Settlement Agreement from Defendant on October 31, 2013, and forwarded the Agreement to Plaintiffs "with the understanding that [it] released only claims arising from damages sustained as a result of the storm on October 29, 2012 (referred to as the "subject loss") in the Release." (DeRita Aff. at 4-5 (emphasis in original).) Mr. DeRita further attached correspondence he received from Defendant's claims administrator, which consistently identified the Settlement Agreement as relating to "Superstorm Sandy" on "October 29, 2012." (Ex. B to DeRita Aff.)

Despite these assertions, Plaintiffs nevertheless executed an Agreement that included a release with a much greater breadth. Plaintiffs' challenge to the Agreement's enforcement therefore amounts, in essence, to a request that they be excused from the preclusive effect of the Settlement Agreement as a result of their own failure to review its limited and clear provisions.

As indicated earlier, however, New Jersey law conclusively presumes that Plaintiffs, in executing the Settlement Agreement, read, understood, and assented to its terms. See Raiczyk, 377 F.3d at 270. And, Plaintiffs' failure to actually have done so, despite their acknowledgment on the Agreement, provides them with no basis for relief.6 See, e.g., Riverside Chiropractic Grp. v. Mercury Ins. Co., 404 N.J.Super. 228, 961 A.2d 21, 27 (2008) (quoting Henningsen v. Bloomfield Motors, Inc., 32 N.J. 358, 161 A.2d 69, 84 (1960) ("As a general rule, `one who does not choose to read a contract before signing it cannot later relieve himself of its burdens.'")); Doug Brady, Inc. v. N.J. Bldg. Laborers Statewide Funds, 250 F.R.D. 171, 175 (D.N.J.2008) (noting that failure to read an agreement "does not relieve" a party of the "liability assumed thereunder").

Moreover, although evidence of fraud, duress, or other imposition may, under certain circumstances, provide a basis for rescission, Plaintiffs have pointed to no such evidence. Rather, Plaintiffs rely upon evidence that suggests only their own misunderstanding and/or unilateral mistake concerning the clear writing they signed, but none that casts any doubt upon the propriety of Defendant's conduct or gives rise to any reasonable inference of Defendant's fraud, coercion, or other trickery.7

Plaintiffs' subjective failings standing alone, however, prove insufficient to rescind the Agreement, and fail to create a genuine issue of material fact sufficient to defeat summary judgment. See Weisman, 982 F.Supp.2d at 396 (finding no evidence of fraud, duress, or other imposition in the undisputed facts produced in discovery, and granting summary judgment based upon the terms of a settlement agreement); see also Shernoff v. Hewlett-Packard Co., No. 04-4390, 2006 WL 3497798, at *4 (D.N.J. Dec. 4, 2006) (finding no credible evidence of misrepresentation or fraud that might arguably warrant rescinding the settlement agreement), aff'd, 302 Fed. Appx. 83 (3d Cir.2008). Defendant's motion for summary judgment will therefore be granted.8

VI. CONCLUSION

For all of these reasons, Defendant's motion for summary judgment will be granted. An accompanying Order will be entered.