Opinion
May 23, 1986
Appeal from the Supreme Court, Onondaga County, Lynch, J.
Present — Doerr, J.P., Boomer, Green, Balio and Schnepp, JJ.
Order unanimously affirmed, with costs. Memorandum: The parties, by their counsel, entered into an oral stipulation of settlement during an open session of an arbitration hearing convened pursuant to 22 N.Y.CRR part 28. There is no dispute regarding the terms of that stipulation. The arbitration panel found that the oral stipulation was the equivalent of a stipulation made in open court (see, CPLR 2104), and made an award based on the stipulation. We conclude that the panel's finding was correct and that Special Term properly denied the application to vacate that award.