Claim of Dimaggio v. International Chimney Corp.

The claimant sustained totally disabling injuries in an industrial accident for which he was awarded compensation benefits. Thereafter, he commenced a third-party action which was settled with the consent of the insurance carrier for $89,000. From the proceeds of the settlement, the insurance carrier was reimbursed $27,699.78 for compensation payments made to the claimant and for medical expenses paid on his behalf and the *228insurance carrier executed and delivered a satisfaction of lien to the defendants in the third-party action. After a further deduction for expenses of the litigation, the…