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ZERVAKIS v. KYREAKEDES

257 A.D.2d 619 (1999)

684 N.Y.S.2d 291

NICHOLAS ZERVAKIS, Appellant, v. JAMES KYREAKEDES et al., Respondents.

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

Decided January 19, 1999.

Ordered that the order is affirmed, with costs.

The parties entered into a stipulation of settlement which required the defendants to pay the plaintiff the sum of $40,000 on or before November 1, 1996. The stipulation further provided that if the defendants defaulted in making payment, the plaintiff would be entitled to enter a judgment in the sum of $100,000 against them. Although the defendants timely paid $36,000 of...

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