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CHAPIN v. CHAPIN

188 A.D.2d 380 (1992)

Carlotta C. Chapin, Respondent, v. Allan M. Chapin, Appellant

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

December 15, 1992

The arguments raised by the defendant on this appeal are without merit. The 20% cap set forth in the stipulation which was incorporated by reference into the parties' divorce decree, by its terms, applies only to the equitable distribution and to distributive awards in lieu of distribution, and there is no plausible reading of the letter dated April 25, 1990 which would allow its interpretation as a modification of the stipulation...

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