The City of New York, the municipal lienholder, asserts a lienholder's priority to the entirety of the fire insurance proceeds obtained from the insurer through a settlement of the action against it. Notwithstanding that the efforts of plaintiff's counsel are largely responsible for the existence of the settlement funds, the City insists that its right to the money supersedes that of the attorneys' charging lien. However, none of the statutes relied upon by the City (Insurance...
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