August 24, 2017

Open-court stipulations.

Practice point:  As with any contract, the stipulation will be enforced so long as it is sufficiently definite in its material terms so as to enable a court to determine exactly what the parties have agreed to.

Student note:  Open-court stipulations are judicially favored, and will not be set aside absent fraud, overreaching, mistake, duress, or unconscionability.

 Case:  Clement v. Millbrook Cent. Sch. Dist., NY Slip Op 05806 (2d Dep't July 26, 2017)

Here is the decision.

Tomorrow's issue:  A co-owner's mortgage of a property.