Norstar Bank, National Ass'n v. Davis

—Order unanimously reversed on the law with costs, application granted and restraining notices and executions vacated. Memorandum: This dispute concerns priority among conflicting interests in funds of $40,635.98 in the hands of an escrow agent pursuant to a Plan of Reorganization confirmed by Bankruptcy Court. Joseph Davis, Inc. (Davis, Inc.), as assignee of defendants, appeals from an order of Supreme Court that denied its motion to vacate restraining notices and executions served by plaintiff Norstar Bank, National Association (the Bank). The Bank claims priority to those funds as a…