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World Color, Inc. v. Collectors' Guild, Ltd.

Appellate Division of the Supreme Court of New York, First Department
Mar 5, 1992
181 A.D.2d 430 (N.Y. App. Div. 1992)

Opinion

March 5, 1992

Appeal from the Supreme Court, Bronx County (Bertram Katz, J.).


The stipulation of settlement plaintiff seeks to enforce was entered into between the parties at an examination before trial at defense counsel's office, contemporaneously transcribed by a court reporter, and orally sworn to by the parties before a notary public. Under these circumstances, we find the IAS court properly enforced the stipulation, there being no dispute as to its terms, there having been significant partial performance thereunder, and plaintiff, in reliance thereon, having taken no further steps to enforce its rights in the action (see, Smith v Lefrak Org., 142 A.D.2d 725; Greenidge v City of New York, 179 A.D.2d 386). Defendant-appellant's argument that he is not liable to plaintiff as a mere guarantor of his codefendant's original obligation overlooks the separate, individual obligation he assumed under the stipulation.

Concur — Murphy, P.J., Rosenberger, Ellerin and Kassal, JJ.


Summaries of

World Color, Inc. v. Collectors' Guild, Ltd.

Appellate Division of the Supreme Court of New York, First Department
Mar 5, 1992
181 A.D.2d 430 (N.Y. App. Div. 1992)
Case details for

World Color, Inc. v. Collectors' Guild, Ltd.

Case Details

Full title:WORLD COLOR, INC., Respondent, v. COLLECTORS' GUILD, LTD., Defendant, and…

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

Date published: Mar 5, 1992

Citations

181 A.D.2d 430 (N.Y. App. Div. 1992)
580 N.Y.S.2d 754

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