Money & Corp · Appellate Division of the Supreme Court of the State of New York
1d
AI illustrationA construction company kept $850,000 meant for a settlement. Should they return it?
Your callDid the construction company have to give back the $850,000 payment?
TL;DR
- 1A construction group received $850,000 from an insurer, thinking there was a settlement with the defendant.
- 2The defendant claimed no settlement was reached and demanded the money back, citing a mistake in the payment.
- 3The court had to decide if the construction company had to return the funds, as they kept the money without a valid agreement.




