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MCM Development Corp. v. Bergen Cove Development Corp.

Appellate Division of the Supreme Court of New York, Second Department
Mar 23, 1998
248 A.D.2d 599 (N.Y. App. Div. 1998)

Opinion

March 23, 1998

Appeal from the Supreme Court, Kings County (Levine, J.).


Ordered that the order is affirmed, with costs.

The nonparty appellant, David A. Goldstein, represented MCM Development Corporation (hereinafter MCM), in these actions involving the development of property for a residential condominium project. In 1988 a settlement agreement was entered into by which, inter alia, MCM was to be paid if and when condominium units were sold. In a so-ordered stipulation of discontinuance, the Supreme Court retained jurisdiction "for all purposes relating to the enforcement" of the settlement agreement. Pursuant to his retainer agreement with MCM, Goldstein's fees were tied to payments made to MCM under the settlement agreement.

In 1994 and 1995, title to certain portions of the property were transferred by the defendant in Action No. 1, Bergen Cove Development Corp., to its successor realty corporation. In a 1996 written agreement, the parties to the 1988 settlement agreement set forth their conclusion that such transfers were not events that triggered payment to MCM under the terms of the 1988 settlement agreement.

In his application, Goldstein contended, among other things, that the transfers made in 1994 and 1995 triggered payment to the plaintiff pursuant to the 1988 settlement agreement, and, consequently, payment to him, and that such payments were not made. The Supreme Court denied the application, and we affirm.

Based on the record presented, the Supreme Court did not err in determining that the transfers made in 1994 and 1995 did not violate the 1988 settlement agreement or trigger the plaintiff's right to payment thereunder. Resolution of this threshold issue is dispositive of Goldstein's remaining claims.

Rosenblatt, J. P., Miller, Ritter and Copertino, JJ., concur.


Summaries of

MCM Development Corp. v. Bergen Cove Development Corp.

Appellate Division of the Supreme Court of New York, Second Department
Mar 23, 1998
248 A.D.2d 599 (N.Y. App. Div. 1998)
Case details for

MCM Development Corp. v. Bergen Cove Development Corp.

Case Details

Full title:MCM DEVELOPMENT CORPORATION, Plaintiff, v. BERGEN COVE DEVELOPMENT CORP.…

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

Date published: Mar 23, 1998

Citations

248 A.D.2d 599 (N.Y. App. Div. 1998)
670 N.Y.S.2d 533