Opinion ID: 1192306
Heading Depth: 2
Heading Rank: 2

Heading: Liability under the First Agreement Alone

Text: The district court correctly decided that General Star was not directly obligated to reimburse Mutual Marine under the First Agreement, which settled the third-party action brought by ITO and the City against UFI. [2] See Nat'l Union I, 2007 WL 2059840 at , 2007 U.S. Dist. LEXIS 51925 at . As the district court pointed out, under New York law, a settlement agreement `is not binding upon a party unless it is in a writing subscribed by him or his attorney. . . .' 2007 WL 2059840 at , 2007 U.S. Dist. LEXIS 51925 at -19 (quoting New York Civil Practice Laws and Rules § 2104). Because the First Agreement was not subscribed to by General Star or its attorney or other agent, General Star is not directly bound by its terms. See, e.g., Bonnette v. Long Island College Hosp., 3 N.Y.3d 281, 286, 819 N.E.2d 206, 208-09, 785 N.Y.S.2d 738, 740-41 (2004).