Hirsch v. Peekskill Ranch, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
In an action to foreclose a mortgage, plaintiffs appeal from an order of the Supreme Court, Westchester County (Wood, J.), dated July 21,1983, which fixed the receiver’s commission at $2,000. 11 Order reversed, with costs, and matter remitted to Special Term for further proceedings consistent herewith. 11A receiver is entitled to commissions not exceeding 5% of the sums received and disbursed by him (CPLR 8004, subd [a]). This 5% statutory commission is the maximum amount payable to a receiver (Caso v 323 Edgecombe Realty Corp., 25 AD2d 637; Siegel v Bromanbro Realty Corp., 23 AD2d 634; City…
2Cases cited3 opinions
- Siegel v. Bromanbro Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1965
- Beirne v. HabelAppellate Division of the Supreme Court of the State of New York · 1964
- Caso v. 323 Edgecombe Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1966
3Cited by8 opinions
- In re KaneNew York Court of Appeals · 1990
- Amusement Distributors, Inc. v. Oz Forum, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
- American Savings Bank v. Saleski Development, Inc.District Court, S.D. New York · 1993
- Friesch-Groningsche Hypotheekbank Realty Credit Corp. v. SemerjianAppellate Division of the Supreme Court of the State of New York · 1996
- Goldman v. BernardiniAppellate Division of the Supreme Court of the State of New York · 1998
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