Louis P. Rosenberg and Matthew Jacobs v. United States of America, in the Matter of Bri-Test, Inc., Bankrupt

The attorney for the trustee in bankruptcy and the accountant here appealing the reduction in their allowances undoubtedly rendered substantial professional services to the trustee. The attorney in particular was highly successful in obtaining a reversal from us of the dismissal below of his action to recover a preference, Margolis v. Gem Factors Corp., 2 Cir., 201 F.2d 803, and then, after a trial and judgment, in recovering ultimately $5,000 on this claim, as well as some $1,600 in other matters. These sums, together with funds turned over by a receiver, yielded a balance of $15,219.26; but…