GRUNFELD v. GRUNFELD


123 A.D.2d 64 (1986)

Walter W. Grunfeld, Appellant, v. Audrey F. Grunfeld, Respondent

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

December 24, 1986


Attorney(s) appearing for the Case

Theodore Fenstermacher for appellant.

Franklin A. Josef for respondent.

MAHONEY, P. J., and KANE, J., concur with CASEY, J.; LEVINE and WEISS, JJ., dissent and vote to affirm in an opinion by LEVINE, J.


CASEY, J.

An open-court stipulation of settlement in a matrimonial action purporting to equitably distribute the parties' marital property, which is based in part upon erroneous findings of the trial court as to the value of certain marital property, and which results in an award of substantially all of the marital assets to one party while burdening the other party with virtually all of the marital debt, is...

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