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  5. 181 A.D.2d 587 (1992)
 

INDEM. INS. CO. OF NORTH AM. v. MILLER SIGNS ASSOCS.

181 A.D.2d 587 (1992)

Indemnity Insurance Company of North America et al., Respondents-Appellants, and City of New York, Respondent, v. Miller Signs Associates et al., Appellants-Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

March 24, 1992

We affirm all three orders insofar as they hold that defendants are not entitled to collect post-default advertising revenues, since defendants' rights under the franchise agreement were automatically assigned to the sureties upon the City's declaration of Miller Signs Inc.'s default (see, Miller Signs Assocs. v City of New York Bd. of Estimate, 147 A.D.2d 395). It was the automatic...

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