Dewey Pegno & Kramarsky / Q&A with Christopher P. DeNicola
Christopher P. DeNicola joined DPK in 2016. He represents U.S. and international companies in complex litigation, arbitration and dispute resolution proceedings, with particular emphasis on banking and finance. Before joining Dewey Pegno & Kramarsky, Christopher was a litigation associate at Cleary Gottlieb Steen and Hamilton, and served as a law clerk to the Honorable Thomas P. Griesa of the U.S. District Court for the Southern District of New York. He began his legal career
NYLJ “Valid Claim for Breach of Oral Settlement Agreement Even Where Party Stated Need...”
By Thomas E.L. Dewey Many counterparties have reached settlement terms and closed the conversation by stating the need to “paper” the agreement later. But does this caveat preclude enforcement of the oral agreement? A recent decision by the Judge Hurley in the Eastern District of New York, Westside Winery v. SMT Acquisitions, No. 2;19-cv-4371, 2021 WL 21668 (E.D.N.Y. Jan. 4, 2021), provides a good warning to counsel that such statements may be insufficient to preclude an acti
