April 19, 2024

Stipulations of settlement.

Stipulations of settlement are favored by the courts and are not lightly set aside.  A stipulation of settlement that is fair on its face will be enforced according to its terms unless there is proof of fraud, duress, overreaching, or unconscionability. The stipulation will not be vacated simply because, after the fact, a party believes that the agreement was improvident in some respect or that it constituted a bad bargain.

Tsikhiseli v. Colombo, NY Slip Op 02075 (2d Dep't April 17, 2024)

Here is the decision.