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ARFA v. ZAMIR

No. 92

17 N.Y.3d 737 (2011)

952 N.E.2d 1003

929 N.Y.S.2d 11

2011 NY Slip Op 4719

RACHEL L. ARFA et al., Appellants, v. GADI ZAMIR et al., Respondents, et al., Defendants. (And Other Actions.)

Court of Appeals of New York.

Decided June 7, 2011.

Attorney(s) appearing for the Case

Schlam Stone & Dolan LLP, New York City ( David J. Katz of counsel), for appellants.

Wolf Haldenstein Adler Freeman & Herz LLP, New York City ( Eric B. Levine and Alan A.B. McDowell of counsel), for respondents.

Chief Judge LIPPMAN and Judges CIPARICK, GRAFFEO, READ, SMITH, PIGOTT and JONES concur in memorandum.

OPINION OF THE COURT

MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, and the certified question answered in the affirmative.

In June 2005, plaintiffs Rachel Arfa and Alexander Shpigel executed a general agreement with defendant Gadi Zamir regarding management of their real estate business. The agreement contained a provision in which each party released the others and their related entities from "any and all claims...

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