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Naiztat Iron Works, Inc. v. Seaport Manor

Appellate Division of the Supreme Court of New York, Second Department
Oct 20, 1980
78 A.D.2d 676 (N.Y. App. Div. 1980)

Opinion

October 20, 1980


In a contract action in which plaintiff recovered a judgment, entered December 8, 1976, in the total sum of $16,717.65, plaintiff appeals from an order of the Supreme Court, Kings County, dated December 6, 1979, which granted defendants' motion to compel it to execute and deliver a satisfaction of judgment to defendants. Order reversed, on the law, with $50 costs and disbursements, and defendants' motion denied. Absent consideration, an oral agreement to discharge a judgment by acceptance of a sum less than the face value of the judgment is unenforceable under section 15-501 Gen. Oblig. of the General Obligations Law. Acceptance of the smaller payment pursuant to said agreement, will neither satisfy the judgment nor be grounds for compelling the judgment creditor to execute and deliver a satisfaction piece (see Amity Plumbing Heating Supply Corp. v. Island Park Plumbing Heating Corp., 51 A.D.2d 988; Matter of King Metal Prods. v. Workmen's Compensation Bd., 20 A.D.2d 565). Damiani, J.P., Gulotta, Martuscello and O'Connor, JJ., concur.


Summaries of

Naiztat Iron Works, Inc. v. Seaport Manor

Appellate Division of the Supreme Court of New York, Second Department
Oct 20, 1980
78 A.D.2d 676 (N.Y. App. Div. 1980)
Case details for

Naiztat Iron Works, Inc. v. Seaport Manor

Case Details

Full title:NAIZTAT IRON WORKS, INC., Appellant, v. SEAPORT MANOR CORP. et al.…

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

Date published: Oct 20, 1980

Citations

78 A.D.2d 676 (N.Y. App. Div. 1980)