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ROBERT MICHAELS, PLAINTIFF-APPELLANT, v. THE UNITED STATES TENNIS ASSOCIATION, INC., ET AL., DEFENDANTS-RESPONDENTS.

Absent an unconditional tender of payment of a judgment, postjudgment interest continues to accrue (see generally, Cohen v. Transcontinental Insurance Co., 262 A.D.2d 189, 190-191; Matter of Jeffrey Towers v. Straus, 31 A.D.2d 319, 325 affd 26 N.Y.2d 812). Contrary to the motion court's finding, defendants' tender of payment in their July 11, 2000 letter was not unconditional in that, while it was offered "in full satisfaction of the judgment", it required a discussion of "the terms of such payment". Moreover, no check or other form of payment for the amount due was ever tendered until the return date of defendants' resettlement motion.

Motion seeking stay pending appeal denied as academic.

THIS CONSTITUTES THE DECISION AND ORDER OF THE SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.

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MICHAELS v. U.S. TENNIS ASSN
(Jun 20, 2002)