Summary
dismissing fraud claim where wife contended that the husband had failed to disclose the value of his interest in an asset known to her, and settlement agreement specifically acknowledged that wife had "made her own independent investigation of [the husband's] business affairs and was waiving further disclosure."
Summary of this case from Harding v. NasemanOpinion
May 23, 1996
Appeal from the Supreme Court, New York County (David Saxe, J.).
The IAS Court correctly held that the challenged agreement, wherein the parties agreed to relinquish their respective claims to, among other things, the other's stock holdings is prima facie valid and that plaintiff failed to come forward with any evidence of fraud or overreaching to defeat defendant's motion for summary judgment. Plaintiff, a business executive who was in a hurry for a divorce and over the three years preceding the agreement had earned considerably more than defendant, approximately $80,000 a year at the time the agreement was signed in 1991, was represented by competent, independent counsel, who drafted the agreement, and specifically acknowledged that she had made her own independent investigation of defendant's business affairs and was waiving further disclosure.
Concur — Rosenberger, J.P., Wallach, Kupferman, Ross and Williams, JJ.