Legal Opinion · Dissent

Jakubowicz v. A.C. Green Electrical Contractors, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided November 1, 2005Published

1Dissent

Ellerin, J. (dissenting).

While I agree that ordinarily the statute appears to limit the receiver’s fees to the schedules in Business Corporation Law § 1217,1 believe that the unique circumstances of this case require additional relief. Indeed, the motion court itself acknowledged “the receiver’s invaluable assistance in successfully expediting these proceedings tactfully, notwithstanding the open hostility of the litigants towards each other,” but indicated that it was “barred from basing his compensation on the worth of these services however useful they may have been.” This encomium merely…

2Cases cited5 opinions

  1. Sun Beam Enterprises, Inc. v. Liza Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1994
  2. American Savings Bank v. Saleski Development, Inc.District Court, S.D. New York · 1993
  3. Federal Home Loan Mortgage Corp. v. S.E.A. Yonkers AssociatesDistrict Court, S.D. New York · 1994
  4. Kraizberg v. FrankAppellate Division of the Supreme Court of the State of New York · 1991
  5. State v. Chatsworth Realty Corp.Appellate Division of the Supreme Court of the State of New York · 2001

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