Case ID: ad3d_126/html/0511-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Lori Levy-Sitomer, Respondent, v Richard Sitomer, Appellant.
    [2 NYS3d 794]
   Amended order, Supreme Court, New York County (Matthew F. Cooper, J.), entered May 15, 2013, which, to the extent appealed from as limited by the briefs, granted plaintiff wife’s motion for a money judgment in the amount of $1,642,248 with interest of 3%, unanimously affirmed, without costs.

Based upon a fair interpretation of the judgment of divorce (see Matter of Christodoulou v Christodoulou, 212 AD2d 607 [2d Dept 1995]; see also Matter of Labrovic v Labrovic, 278 AD2d 419 [2d Dept 2000]), Supreme Court properly found that multiple accelerated judgments were permitted in the event defendant husband should default on his obligation to make monthly payments in connection with the distribution of Blue Star Jets LLC. The judgment of divorce does not provide any limitation on the number of default events that may occur or on the number of accelerated judgments. In fact, it is clear that even after the wife obtains a first accelerated judgment for $360,000, the husband is still obligated to make monthly payments, thus contemplating the potential for additional defaults and accelerated judgments.

Concur — Mazzarelli, J.P., Andrias, Saxe, Feinman and Clark, JJ.