Legal Opinion

Securities & Exchange Commission v. G. M. Stanley & Co.

District Court, S.D. New York

Decided December 28, 1976No. 72 Civ. 3017PublishedCited by 1 opinion

1Opinion of the Court

OPINION

EDWARD WEINFELD, District Judge.

This is a joint application for compensation for services rendered by the Trustee and his counsel in the liquidation, under the provisions of the Securities Investor Protection Act of 1970,1 of G. M. Stanley & Co., Inc., formerly engaged in the brokerage business. Upon initial consideration, the amounts requested appeared so startlingly out of proportion to the assets of the estate and the total distributions made to claimants that the Court sought the views of the Chairman of the Board of Directors and Chief Executive Officer of Securities Investor…

2Cases cited5 opinions

  1. Blank v. Talley Industries, Inc.District Court, S.D. New York · 1975
  2. Fed. Sec. L. Rep. P 94,878 Securities Investor Protection Corporation v. Charisma Securities Corporation, Edwin L. Gasperini, Gasperini & SavageCourt of Appeals for the Second Circuit · 1974
  3. Securities Investor Protection Corp. v. Charisma Securities Corp.District Court, S.D. New York · 1974
  4. National Parks & Conservation Ass'n v. KleppeCourt of Appeals for the Second Circuit · 1976
  5. Securities & Exchange Commission v. Kelly, Andrews & Bradley, Inc.District Court, S.D. New York · 1976

3Cited by1 opinion

  1. In re MF Global Inc.United States Bankruptcy Court, S.D. New York · 2014

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