Fori v. Fori , 43 N.Y.S.3d 554 ( 2016 )


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  •                            State of New York
    Supreme Court, Appellate Division
    Third Judicial Department
    Decided and Entered: December 1, 2016                    522274
    ________________________________
    THOMAS J. FORI,
    Appellant,
    v                                       MEMORANDUM AND ORDER
    LYNNE V. FORI,
    Respondent.
    ________________________________
    Calendar Date:    October 12, 2016
    Before:   Peters, P.J., McCarthy, Lynch, Rose and Mulvey, JJ.
    __________
    David R. Sheridan, Delmar, for appellant.
    Gordon, Tepper & DeCoursey, LLP, Glenville (Jennifer P.
    Rutkey of counsel), for respondent.
    __________
    Peters, P.J.
    Appeal from a judgment of the Supreme Court (Elliot III,
    J.), entered June 4, 2015 in Greene County, which partially
    denied plaintiff's motion to enforce the terms of a stipulation
    of settlement.
    Plaintiff (hereinafter the husband) and defendant
    (hereinafter the wife) were married in 1965 and this divorce
    action was commenced in 2009. In September 2013, the parties
    entered into a separation agreement which, among other things,
    required the wife to pay the husband a distributive award in the
    amount of $216,393.36 by October 3, 2013. When she failed to do
    so, the husband moved to enforce the separation agreement by
    directing the wife to tender the distributive award together with
    statutory interest from the date due. Supreme Court, among other
    things, ordered the wife to pay the distributive award plus all
    -2-                522274
    interest actually earned on that sum, but declined to award
    prejudgment interest pursuant to CPLR 5001. The husband appeals,
    arguing solely that Supreme Court erred in declining to impose
    prejudgment interest at the statutory rate.
    We affirm. "There is no automatic entitlement to
    prejudgment interest, under CPLR 5001, in matrimonial litigation"
    (Rubin v Rubin, 1 AD3d 220, 221 [2003], lv denied 2 NY3d 706
    [2004]; see Spathis v Spathis, 137 AD3d 654, 654 [2016];
    Weinstein-Korn-Miller, NY Civ Prac ¶ 5001.01). Rather, the
    decision to award prejudgment interest in a matrimonial action,
    as well as the rate and date from which it shall be computed, are
    matters within the sound discretion of the trial court (see
    Pappas v Pappas, 140 AD3d 838, 840 [2016]; Wyser-Pratte v
    Wyser-Pratte, 68 AD3d 624, 626 [2009]; Lipsky v Lipsky, 276 AD2d
    753, 754 [2000]; Selinger v Selinger, 250 AD2d 752, 753 [1998],
    lv dismissed and denied 92 NY2d 891 [1998]). Here, the record
    reflects that, following the execution of the separation
    agreement, issues arose regarding the accuracy of certain deeds
    and transfer documents prepared by the husband relative to the
    parcels of real property that were to be conveyed pursuant to the
    agreement. Such issues had not been resolved at the time of the
    husband's motion to enforce the agreement, the wife claiming that
    certain inaccuracies still remained within the relevant
    documents. Although the wife's obligation to tender the
    distributive award by the date prescribed in the separation
    agreement was not contingent upon the execution of the deeds
    transferring the real property, the wife explained that she had
    been advised by her attorney to withhold payment of the
    distributive award – which she had placed in a separate interest-
    bearing bank account – until the deeds were finalized and signed
    so as to ensure a contemporaneous exchange (cf. Parnes v Parnes,
    41 AD3d 934, 937 [2007]; Allen v Allen, 83 AD2d 708, 709 [1981]).
    Under these circumstances, we cannot conclude that Supreme Court
    improvidently exercised its discretion in choosing to award the
    husband all interest actually earned on the distributive award
    rather than prejudgment interest pursuant to CPLR 5001.
    McCarthy, Lynch, Rose and Mulvey, JJ., concur.
    -3-                  522274
    ORDERED that judgment is affirmed, without costs.
    ENTER:
    Robert D. Mayberger
    Clerk of the Court
    

Document Info

Docket Number: 522274

Citation Numbers: 145 A.D.3d 1130, 43 N.Y.S.3d 554

Judges: Peters, McCarthy, Lynch, Rose, Mulvey

Filed Date: 12/1/2016

Precedential Status: Precedential

Modified Date: 10/19/2024