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Greenley v. Greenley

Appellate Division of the Supreme Court of New York, Second Department
Aug 12, 1991
175 A.D.2d 824 (N.Y. App. Div. 1991)

Opinion

August 12, 1991

Appeal from the Supreme Court, Westchester County (Gurahian, J.).


Ordered that the appeal from the order entered December 5, 1989, is dismissed, without costs or disbursements, as that order was superseded by the order entered March 28, 1990, made upon reargument; and it is further,

Ordered that the order entered March 28, 1990, is reversed insofar as reviewed, on the law, without costs or disbursements, the provisions of the order entered December 5, 1989, which granted that branch of the plaintiff's motion which was for a declaration that certain shares of stock in Bell Atlantic, Bell South, and Ameritech were the plaintiff wife's separate property, and to direct the defendant to release any interest in or claim to the Bell Atlantic, Bell South, and Ameritech stock he may have, are deleted, and that branch of the motion is dismissed.

The plaintiff and the defendant were divorced by a 1988 judgment incorporating the terms of a stipulation of settlement, including a provision directing the parties to equally divide the shares of stock in American Telephone and Telegraph (hereinafter ATT) held at the time of stipulation. The ATT stock was divided in accordance with the stipulation. However, almost two years later, on applications concerning a variety of disputes arising under the judgment and surviving stipulation, the plaintiff claimed that, since the ATT stock was originally property she brought to the marriage, and since certain shares of stock in companies formed after the 1984 divestiture of ATT which ATT stockholders automatically acquired were not encompassed by stipulation of settlement, those shares were her separate property. The defendant claimed that the stock derived from the ATT stock should be the subject of equitable distribution. However, the Supreme Court summarily declared that the derivative stock was the plaintiff's separate property.

Although we agree with the defendant that there is no basis for a determination that all of the stock is the plaintiff's separate property (see, Lauricella v Lauricella, 143 A.D.2d 642; cf., Carner v Carner, 85 A.D.2d 589), it is not the continuing duty of the Supreme Court to determine the respective rights of the parties in separate and marital property which the parties, either by agreement or by proof at trial, failed to or did not adequately address (cf., Domestic Relations Law § 236 [B] [5]; see, Reichard v Reichard, 138 Misc.2d 1013; Jolis v Jolis, 111 Misc.2d 965, 974-975, affd 98 A.D.2d 692). We conclude, rather, that the parties here waived their right to a determination that the shares should be distributed without regard to title and that title in each share should remain as it presently stands (see, Jolis v Jolis, supra; see also, Scattoreggio v Scattoreggio, 115 A.D.2d 531; Boronow v Boronow, 111 A.D.2d 735, affd 71 N.Y.2d 284; Rakowski v Rakowski, 109 A.D.2d 1). Mangano, P.J., Bracken, Sullivan and Harwood, JJ., concur.


Summaries of

Greenley v. Greenley

Appellate Division of the Supreme Court of New York, Second Department
Aug 12, 1991
175 A.D.2d 824 (N.Y. App. Div. 1991)
Case details for

Greenley v. Greenley

Case Details

Full title:JOSEPHINE GREENLEY, Respondent, v. RICHARD P. GREENLEY, Appellant

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Aug 12, 1991

Citations

175 A.D.2d 824 (N.Y. App. Div. 1991)
573 N.Y.S.2d 413

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