Levy-Sitomer v. Sitomer

Appellate Division of the Supreme Court of New York

Levy-Sitomer v. Sitomer

126 A.D.3d 511, 2 N.Y.S.3d 794

CourtAppellate Division of the Supreme Court of the State of New York

DecidedMarch 12, 2015

Docket14512N 350233/05

StatusPublished

Cited by2 cases

This text of 126 A.D.3d 511 (Levy-Sitomer v. Sitomer) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Levy-Sitomer v. Sitomer, 126 A.D.3d 511, 2 N.Y.S.3d 794 (N.Y. Ct. App. 2015).

Pincite

Opinion

Amended order, Supreme Court, New York County (Matthew F. Cooper, J.), entered May 15, 2013, which, to the extent appealed from as limited by the briefs, granted plaintiff wife’s motion for a money judgment in the amount of $1,642,248 with interest of 3%, unanimously affirmed, without costs.

Based upon a fair interpretation of the judgment of divorce (see Matter of Christodoulou v Christodoulou, 212 AD2d 607 [2d Dept 1995]; see also Matter of Labrovic v Labrovic, 278 AD2d 419 [2d Dept 2000]), Supreme Court properly found that multiple accelerated judgments were permitted in the event defendant husband should default on his obligation to make monthly payments in connection with the distribution of Blue Star Jets LLC. The judgment of divorce does not provide any limitation on the number of default events that may occur or on the number of accelerated judgments. In fact, it is clear that even after the wife obtains a first accelerated judgment for $360,000, the husband is still obligated to make monthly payments, thus contemplating the potential for additional defaults and accelerated judgments.

Concur — Mazzarelli, J.P., Andrias, Saxe, Feinman and Clark, JJ.

Free access — add to your briefcase to read the full text and ask questions with AI

Amended order, Supreme Court, New York County (Matthew F. Cooper, J.), entered May 15, 2013, which, to the extent appealed from as limited by the briefs, granted plaintiff wife’s motion for a money judgment in the amount of $1,642,248 with interest of 3%, unanimously affirmed, without costs.

Based upon a fair interpretation of the judgment of divorce (see Matter of Christodoulou v Christodoulou, 212 AD2d 607 [2d Dept 1995]; see also Matter of Labrovic v Labrovic, 278 AD2d 419 [2d Dept 2000]), Supreme Court properly found that multiple accelerated judgments were permitted in the event defendant husband should default on his obligation to make monthly payments in connection with the distribution of Blue Star Jets LLC. The judgment of divorce does not provide any limitation on the number of default events that may occur or on the number of accelerated judgments. In fact, it is clear that even after the wife obtains a first accelerated judgment for $360,000, the husband is still obligated to make monthly payments, thus contemplating the potential for additional defaults and accelerated judgments.

Concur — Mazzarelli, J.P., Andrias, Saxe, Feinman and Clark, JJ.

Cite This Page — Counsel Stack

Bluebook (online)

126 A.D.3d 511, 2 N.Y.S.3d 794, Counsel Stack Legal Research, https://law.counselstack.com/opinion/levy-sitomer-v-sitomer-nyappdiv-2015.

Opinion

Related

Cite This Page — Counsel Stack