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BANK OF AM. N.A. v. LAM

115035/09, 13903, 13902, 13901.

124 A.D.3d 430 (2015)

BANK OF AMERICA NATIONAL ASSOCIATION, as Successor by Merger to LaSALLE BANK NATIONAL ASSOCIATION, as Trustee, for MORGAN STANLEY LOAN TRUST 2006, Plaintiff, v. CHAU T. LAM et al., Appellants, and YAH RONG TING et al., Respondents, et al., Defendants.

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

Decided January 8, 2015.

Stipulations are judicially favored and not lightly cast aside (see Hallock v State of New York, 64 N.Y.2d 224, 230 [1984]). Defendants-appellants were entitled to a declaration that the parties' December 1, 2010 stipulation had expired and was unenforceable. In the stipulation, the parties agreed that the closing date of the sale of the property should take place no later than May 31...

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