In re City of New York

309 N.E.2d 135, 33 N.Y.2d 970, 353 N.Y.S.2d 736, 1974 N.Y. LEXIS 1757
New York Court of Appeals·Decided February 13, 1974·Published·Cited by 9 cases

Opinion

Memorandum.

The order of the Appellate Division should be affirmed, with costs, and the question certified answered in the affirmative. The partial decree filed on December 20, 1968 expressly denied interest to fixture claimants, including the appellant Bobert I. Cochran & Co., li other than at the rate of 4% as provided by Section 3(a) of the General Municipal Law Nor did the earlier partial decree applicable to the fee claimant, appellant Boteeco Corporation, reserve any right to interest at [972] other than the then lawful 4% statutory rate. Both partial decrees, from which claimants took no appeal, became final and the trial court had no jurisdiction to alter its decree in any matter of substance (Herpe v. Herpe, 225 N. Y. 323, 327; Liberty Nat. Bank & Trust Co. v. Bero Constr. Corp., 29 A D 2d 627 ; 5 Weinstein-Korn-Miller, N. Y. Civ. Prac., par. 5019.04; cf. Matter of Huie [Furman], 20 N Y 2d 568, 572; Deeves v. Fabric Fire Hose Co., 19 A D 2d 735, affd. 14 N Y 2d 633; but see Feldman v. New York City Tr. Auth., 44 Misc 2d 35, 36, main case reversed on other grounds 22 A D 2d 872, where the trial court amended its judgment to reduce the rate of interest allowed; see, also, 5 Weinstein-Korn-Miller, op. cit., par. 5019.03).

Chief Judge Breitel and Judges Jasen,. Gabrielli, Jones, Wachtler, and Babin concur in memorandum; Judge Stevens taking no part.

Order affirmed, etc.

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In re City of New York, 309 N.E.2d 135, 33 N.Y.2d 970, 353 N.Y.S.2d 736, 1974 N.Y. LEXIS 1757 (N.Y. 1974).

309 N.E.2d 135 (In re City of New York) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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