REA v. HALPERN


124 A.D.2d 358 (1986)

Barbara Rea, Respondent, v. Harold Halpern, as Executor of John T. Shaffner, Deceased, et al., Appellants

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

October 23, 1986


Casey, J.

The parties to this action entered into a stipulation of settlement in open court, whereby plaintiff agreed to accept and defendants agreed to pay $2,500. Counsel for defendant John T. Shaffner, deceased, stated that the amount of the claims of creditors of Shaffner's estate exceeded the assets of the estate, and plaintiff's counsel stated that this insolvency was a major reason for plaintiff's decision to accept the settlement offer. As a result...

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