Lmwt Realty Corp., Doing Business as Triangle Realty, Respondent v. Davis Agency Inc., Defendants And…

Summary

The New York Court of Appeals affirmed the Appellate Division's order awarding attorneys' fees and expenses, holding that the attorneys' charging lien on the fire‑insurance proceeds takes priority over the City of New York's tax lien under General Municipal Law § 22. The Court based its decision on the equitable interest the attorney acquires in the cause of action and the purpose of the statute.