Martin v. Tafflock
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
In an action, inter alia, to recover damages for wrongful death, the defendants appeal from an order of the Supreme Court, Suffolk County (Tisch, J.), dated May 31, 1989, which, inter alia, granted the plaintiff’s motion to compel the defendants to pay $15,111.76 in interest on the principal sum of $499,695 on a compromise order.
Ordered that the order is affirmed, with costs.
CPLR 5003 provides that judgments and orders directing the payment of money shall bear interest from the date of entry. The interest, which is to serve "as a penalty for delayed payment” (Matter of Rochester Carting Co. v…
2Cases cited3 opinions
- Rochester Carting Co. v. LevittNew York Court of Appeals · 1975
- Pollock v. CollippAppellate Division of the Supreme Court of the State of New York · 1988
- Rivera v. New York City Housing AuthorityNew York Supreme Court · 1989
3Cited by2 opinions
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