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Matter of St. Farm Mut. A. Ins. Co. v. Cordes

Appellate Division of the Supreme Court of New York, Second Department
Sep 22, 1997
242 A.D.2d 635 (N.Y. App. Div. 1997)

Opinion

September 22, 1997

Appeal from the Supreme Court, Nassau County (McCarty, J.).


Ordered that the judgment is reversed insofar as appealed from, on the law, with costs, the provision granting prearbitration award interest is deleted, and the matter is remitted to the Supreme Court, Nassau County, for entry of an appropriate amended judgment.

The court lacked the power to award pre-arbitration award interest ( see, e.g, Matter of Aetna Cas. Sur. Co. v. Rosen, 233 A.D.2d 499). Bernstein v. Allstate Ins. Co. ( 199 A.D.2d 358), relied upon by the respondents, is inapposite, since the parties stipulated in that case to resolve their dispute in the courts rather than by arbitration. Therefore, the power of the court to award pre-arbitration award interest was never in issue in that case.

O'Brien, J.P., Sullivan, Goldstein and Luciano, JJ., concur.


Summaries of

Matter of St. Farm Mut. A. Ins. Co. v. Cordes

Appellate Division of the Supreme Court of New York, Second Department
Sep 22, 1997
242 A.D.2d 635 (N.Y. App. Div. 1997)
Case details for

Matter of St. Farm Mut. A. Ins. Co. v. Cordes

Case Details

Full title:In the Matter of STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY…

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

Date published: Sep 22, 1997

Citations

242 A.D.2d 635 (N.Y. App. Div. 1997)
662 N.Y.S.2d 140

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