Mirand v. City of New York
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Order, Supreme Court, Bronx County (Douglas McKeon, J.), entered October 4, 1994, which denied defendant’s motion to reduce the interest on the judgment entered July 7, 1994 to a rate of less than 9%, unanimously affirmed, without costs.
While General Municipal Law § 3-a provides for an interest rate not in excess of 9%, CPLR 5004 prohibits a lower rate except where authorized by statute {Carson v New York City Health & Hosps. Corp., 178 AD2d 265). Thus, there is no merit to defendant’s contention that the rate of interest is a discretionary determination that in the instant case should take…
2Cases cited1 opinion
- Carson v. New York City Health & Hospitals Corp.Appellate Division of the Supreme Court of the State of New York · 1991
3Cited by4 opinions
- Rodriguez v. New York City Housing AuthorityNew York Court of Appeals · 1997
- DeLeonibus v. ScognamilloAppellate Division of the Supreme Court of the State of New York · 1997
- Rodriguez v. New York City Housing AuthorityAppellate Division of the Supreme Court of the State of New York · 1997
- Sassoonian v. City of New YorkNew York Supreme Court · 1998