The Travelers Insurance Company, Respondent v. Brass Goods Manufacturing Company, Appellant

Summary

The New York Court of Appeals affirmed the Appellate Division, holding that a carrier who is assigned a workers' compensation claim may recover the full amount of damages against the third‑party tortfeasor, not merely the amount it has paid under the workers' compensation award, and that the assignment under section 29 transfers the entire cause of action to the carrier, extinguishing any residual rights of the assignor.