Penington v. Commonwealth Hotel Construction Corp.

The Chancellor:

As to the petition of Cook, Nathan & Lehman. This claim is based on legal services rendered and expenses incurred in aid of the receivership. The firm represented a Stockholders’ Protective Committee. The services were rendered in the New York receivership. I shall not discuss the sort of facts which must exist as the basis for an allowance to counsel for a stockholders’ protective committee for services rendered in a receivership cause and payable out of the general funds of the estate. Judge Caffey of the United States District Court, Southern District of New York, when the…