CPLR 50 Flashcards
CPLR 5001 Amount of interest awarded on a verdict, report or decision shall be computed by _________________.
a. clerk of the court
b. plaintiff
c. defendant
d. losing party
A
CPLR 5001 What are the 3 general time periods for the calculation of interest on a judgment?
- The earliest ascertainable date the cause of action existed.
- Date specified in verdict, report or decision to date of entry of judgment.
- For damages incurred later, interest is calculated from the date each damage occurred, or from a single reasonable intermediate date if damages occurred at various times.
CPLR 5004 Interest on a judgment shall be computed at the rate of ____% per year, unless otherwise provided by statute.
a. 11% b. 20% c. 9% d. 15%
C
CPLR 5015 A motion for relief from judgment or order based on excusable default must be made within ____ of service of copy of judgment or order.
a. 30 days b. 90 days c. 1 year d. 5 years
C
CPLR 5003A Generally, payments following settlement of a case are due as follows: Generally, payment is due within ____ days after tender of release from plaintiff.
a. 21 b. 90 c. 60 d. 30
A
CPLR 5003A In cases where defendant is municipality, any subdivision thereof, or public corporation not indemnified by NYS: payment is due within ____ days after tender of executed release & discontinuance.
a. 21 b. 90 c. 60 d. 30
B
5021 Entry of satisfaction
A clerk shall make an entry regarding partial or full satisfaction of a judgment upon the filing of:
a satisfaction piece, partial satisfaction piece, order of a court, certificate or other authorized instrument used to record the partial or full satisfaction of a judgment.
T/F? CPLR 5017 The judgment-roll shall contain the summons, pleadings, admissions, each judgment and each order involving the merits or necessarily affecting the final judgment.
TRUE
CPLR 5020 When a person required to execute and file a satisfaction-piece with the proper clerk fails or refuses to do so within the prescribed 20 days a judgment for less than $5,000 shall incur a penalty of _______; a judgment for $5,000 or more shall incur a penalty of ______, each recoverable by the judgment debtor.
a. $100…$500
b. $250…$500
c. $1,000…$1,500
d. $100…$250
A
5001 (c) Specifying beginning date and computing interest
Where a date certain for calculating interest is not in dispute, _________ May fix a date.
clerk
Amount of interest awarded in a verdict, report or decision shall be computed by clerk of the court
5002 Interest shall be recovered from verdict to the date of entry of judgment and shall be computed by the clerk. NOTE: There are 3 general time periods for the calculation of interest: what are they?
- date of occurrence to date of decision/verdict
- Date of decision/verdict to date of entry of judgment 3. Date of entry of judgment to date of payment
5003-a Rules for prompt payment following settlement of a case Generally, payments following settlement of a case are due as follows:
(a) Generally: payment is due within__________after tender of release from plaintiff
21 days
5003-a. Generally, payments following settlement of a case are due as follows: (b) In cases where defendant is municipality, any subdivision thereof, or public corporation not indemnified by NYS: payment is due within…
90 days after tender of executed release and discontinuance
5003-a. Generally, payments following settlement of a case are due as follows: (c) In an action where defendant is state: _______ days after comptroller has determined he has received the required settlement papers.
90
5004 Interest shall be at ______% per year (simple interest, not compounded), unless otherwise provided by statute.
9 % per year