Gerard Malloy et al., Respondents, v Stellar Management et al., Appellants. (And a Third-Party Action.)
Supreme Court, Appellate Division, New York
892 NYS2d 86
The discount rate adopted by trial court in structuring the judgment was adequately supported by plaintiff‘s expert‘s affidavit and was otherwise a proper exercise of discretion (see Calaway v Metro Roofing & Sheet Metal Works, 284 AD2d 285, 286 [2001]; Reed v Harter Chair Corp., 196 AD2d 123, 127 [1994]). The trial court did not abuse its discretion by requiring the purchase of an annuity contract to secure periodic payment of future damages from an insurance carrier with an A-plus rating (
