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Krimsky v. Lombardi

Appellate Division of the Supreme Court of New York, Third Department
Jan 8, 1976
51 A.D.2d 600 (N.Y. App. Div. 1976)

Opinion

January 8, 1976


Appeal from a judgment of the Supreme Court at Special Term, entered July 18, 1974 in Albany County, which dismissed plaintiffs' complaint for failure to state a cause of action. Plaintiffs were the executors of the estate of Philip Krimsky and defendants were engaged by them as legal counsel to the estate. Following the decree by which the account of that estate was finally settled, plaintiffs instituted the present action against them on a theory of malpractice. We agree with Special Term's dismissal of their complaint for the reason that plaintiffs were aware of the matters alleged therein when the compromise settlement and agreement leading to that decree was achieved. Since those matters were embraced within the decree, plaintiffs are bound by it (SCPA 2227; cf. Matter of Denbosky, 245 App. Div. 93). They were discharged as executors; received the estate assets in their individual capacities as part of the aforesaid compromise agreement in which they participated; and have made no allegation of fraud or concealment against the defendants which could conceivably support their present complaint (cf. Davies v Stumpf, 262 App. Div. 499, affd 288 N.Y. 704). Judgment affirmed, with costs. Herlihy, P.J., Sweeney, Kane, Larkin and Reynolds, JJ., concur. [ 78 Misc.2d 685.]


Summaries of

Krimsky v. Lombardi

Appellate Division of the Supreme Court of New York, Third Department
Jan 8, 1976
51 A.D.2d 600 (N.Y. App. Div. 1976)
Case details for

Krimsky v. Lombardi

Case Details

Full title:RALPH KRIMSKY et al., Individually and as Executors of PHILIP KRIMSKY…

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

Date published: Jan 8, 1976

Citations

51 A.D.2d 600 (N.Y. App. Div. 1976)