Legal Opinion
Chase Manhattan Bank v. Akin, Gump, Strauss, Hauer & Feld L.L.P.
Appellate Division of the Supreme Court of the State of New York
Decided August 21, 2003PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Friedman, J.
Nearly 30 years ago, in what the Court of Appeals has described as “an effort to strike a better balance between the often competing policies of encouraging settlement and providing for equitable sharing of liability among tort-feasors” (Mitchell v New York Hosp., 61 NY2d 208, 215 [1984]), the Legislature enacted current General Obligations Law § 15-108 (L 1974, ch 742, § 3, amdg L 1972, ch 830, § 3). The statute’s three subdivisions address the effect that a settlement between an injured party and a tortfeasor has on related claims by or against joint…
2Cases cited14 opinions
- Dole v. Dow Chemical Co.New York Court of Appeals · 1972
- Mitchell v. New York HospitalNew York Court of Appeals · 1984
- Louis Orsini and Mary Orsini v. Nahum Kugel and German C. Garcia, Jean Paul Pierre and Moisture Hacking Corp., Chris Roos and George RoosCourt of Appeals for the Second Circuit · 1993
- Rock v. Reed-Prentice Division of Package Machinery Co.New York Court of Appeals · 1976
- Whalen v. Kawasaki Motors Corp.New York Court of Appeals · 1998
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3Cited by4 opinions
- BDO Seidman LLP v. Strategic Resources Corp.Appellate Division of the Supreme Court of the State of New York · 2010
- Brunetti v. MusallamAppellate Division of the Supreme Court of the State of New York · 2009
- Saca v. CanasNew York Supreme Court · 2010
- Negron v. TopelsonAppellate Division of the Supreme Court of the State of New York · 2008