Bishop v. Macon Lumber Co.

SWINFORD, District Judge.

The case is before the court on the petition of three attorneys for the plaintiffs for allowances to be paid out of the funds received as proceeds from the-sale of the property in receivership. The allowance is opposed by certain of the creditors and by the receiver. The petitioners base their right to the claim for attorneys’ fees on Section 412.070,. KRS.

I am of the opinion that this-state statute has no application. I am further of the opinion that the petition for allowance in an amount to be fixed by the court should be sustained on the-general equity powers of…