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Toledo v. Martinez

Appellate Division of the Supreme Court of New York, First Department
Jul 6, 2010
75 A.D.3d 436 (N.Y. App. Div. 2010)

Opinion

Nos. 2280 M1561.

July 6, 2010.

Judgment, Supreme Court, Bronx County (Norma Ruiz, J.), entered November 6, 2008, in an action for wrongful death, insofar as appealed from as limited by stipulation, awarding interest on future damages, calculated on the value of those damages discounted to the date of death and going forward from that date to the date of judgment, unanimously affirmed, without costs.

Mauro Goldberg Lilling, LLP, Great Neck (Barbara D. Goldberg of counsel) for appellant.

Edelman Edelman, P.C., New York (David M. Schuller of counsel) for respondent.

Before: Concur — Gonzalez, P.J., Saxe, McGuire, Acosta and Abdus-Salaam, JJ.


EPTL 5-4.3 provides that "[i]nterest upon the principal sum recovered by the plaintiff from the date of the decedent's death shall be added to . . . the total sum awarded." The statutory term "principal sum" is "simply the discounted sum without any included interest — i.e., discounted to the date of death" ( Milbrandt v Green Refractories Co., 79 NY2d 26, 36). Where as here, the award of future damages was discounted by the court to the date of liability, which is the date of death, the award of interest from that date to the date of judgment was proper ( see generally Rohring v City of Niagara Falls, 84 NY2d 60; Milbrandt v Green Refractories Co., 79 NY2d 26, supra).

The decision and order of this Court entered herein on March 2, 2010 ( 71 AD3d 404) is hereby recalled and vacated ( see 2010 NY Slip Op 76221[U] [2010] [decided simultaneously herewith]).


Summaries of

Toledo v. Martinez

Appellate Division of the Supreme Court of New York, First Department
Jul 6, 2010
75 A.D.3d 436 (N.Y. App. Div. 2010)
Case details for

Toledo v. Martinez

Case Details

Full title:JOSE LUIS TOLEDO, as Administrator of the Estate of JOAQUIN MARTINEZ…

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

Date published: Jul 6, 2010

Citations

75 A.D.3d 436 (N.Y. App. Div. 2010)
2010 N.Y. Slip Op. 5974
903 N.Y.S.2d 741