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ROKOWSKY v. GLADSTONE

74 A.D.2d 524 (1980)

Isaac Rokowsky et al., Respondents, v. Kenneth Gladstone et al., Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

February 19, 1980

Plaintiffs purchased property from defendants, giving in return a promissory note for $450,000 which recited that it could "not be changed, modified or terminated orally but only by an agreement in writing". After a claim of default in payment, defendants declared the note due and payable. Plaintiffs contested their liability alleging misrepresentations by defendants in the property sale. An oral settlement agreement was reached...

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