Settlements

N.Y. Civil Practice Law & Rules Law § 5047, under Periodic Payment of Judgments In Personal Injury, Injury to Property and Wrongful Death Actions.

N.Y. Civil Practice Law & Rules Law § 5047

§ 5047. Settlements. Nothing in this article shall be construed to limit the right of a plaintiff, defendant or defendants and any insurer to settle property damage, personal injury or wrongful death claims as they consider appropriate and in their complete discretion.