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OCHAL v. TELEVISION TECHNOLOGY CORPORATION

26 A.D.3d 575 (2006)

809 N.Y.S.2d 604

DAVID OCHAL, Appellant, et al., Plaintiffs, v. TELEVISION TECHNOLOGY CORPORATION et al., Defendants, and PETER W. DAHL COMPANY, Defendant and Third-Party Plaintiff. AMSTERDAM BROADCASTING, INC., Doing Business as WOCD-TV, Third-Party Defendant-Respondent.

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

February 2, 2006.

MERCURE, J.P.

Plaintiff David Ochal (hereinafter plaintiff) suffered severe injuries from electrocution during a work-related accident in February 1988. His personal injury action was settled by stipulation on the record in open court in November 1999. In exchange for a general unlimited release, plaintiff received a structured settlement with a then present value of $1,450,000. Third-party defendant agreed to pay plaintiff $50,000, to waive

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