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Mirand v. City of New York

221 A.D.2d 194, 633 N.Y.S.2d 167, 1995 N.Y. App. Div. LEXIS 11571
CourtAppellate Division of the Supreme Court of the State of New York
DecidedNovember 9, 1995
StatusPublished
Cited by4 cases

This text of 221 A.D.2d 194 (Mirand v. City of New York) 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
Mirand v. City of New York, 221 A.D.2d 194, 633 N.Y.S.2d 167, 1995 N.Y. App. Div. LEXIS 11571 (N.Y. Ct. App. 1995).

Opinion

—Order, Supreme Court, Bronx County (Douglas McKeon, J.), entered October 4, 1994, which denied defendant’s motion to reduce the interest on the judgment entered July 7, 1994 to a rate of less than 9%, unanimously affirmed, without costs.

While General Municipal Law § 3-a provides for an interest rate not in excess of 9%, CPLR 5004 prohibits a lower rate except where authorized by statute {Carson v New York City Health & Hosps. Corp., 178 AD2d 265). Thus, there is no merit to defendant’s contention that the rate of interest is a discretionary determination that in the instant case should take into account prevailing market rates of interest. Concur— Rosenberger, J. P., Wallach, Rubin, Kupferman and Mazzarelli, JJ.

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Cite This Page — Counsel Stack

Bluebook (online)
221 A.D.2d 194, 633 N.Y.S.2d 167, 1995 N.Y. App. Div. LEXIS 11571, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mirand-v-city-of-new-york-nyappdiv-1995.