Long Playing Sessions, Inc. v. Deluxe Laboratories, Inc.

Order and judgment (one paper), Supreme Court, New York County (James White, J.), entered March 18, 1986, awarding plaintiff the sum of $500,000 with interest compounded annually from February 1, 1974 (total judgment of $1,156,358.12), unanimously modified, on the law and on the facts, to vacate the provision for the payment of compounded interest and to order a new trial solely on the issue of damages and otherwise affirmed, without costs or disbursements, unless plaintiff, within 20 days after service upon its *540attorney of a copy of the order to be entered herein, serves and files in the…