In Re Orient River Investments, Ltd.
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
At issue is a seemingly-simple issue of interpretation of 11 U.S.C. § 326(a), which fixes the maximum compensation allowable to bankruptcy trustees pursuant to a prescribed formula. That issue is whether the phrase allowing computation of compensation “upon all moneys disbursed or turned over in the case by the trustee to parties in interest” includes sums paid by a trustee in operation of a debtor’s business. We hold that, considering the extensive scope of duties which operating trustees perform for debtors’ estates, beyond that of trustees who…
2Cases cited24 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Kosta P. Velis, Debtor-Appellant v. Mary Kardanis, Creditor-AppelleeCourt of Appeals for the Third Circuit · 1991
- In Re Orthopaedic Technology, Inc.United States Bankruptcy Court, D. Colorado · 1989
- In Re First Software, Corp.United States Bankruptcy Court, D. Massachusetts · 1987
- Albers v. DickinsonCourt of Appeals for the Eighth Circuit · 1942
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3Cited by11 opinions
- In Re United States Trustee.Court of Appeals for the Ninth Circuit · 1994
- In Re P.J. Keating Co.United States Bankruptcy Court, D. Massachusetts · 1997
- In Re MotleyUnited States Bankruptcy Court, E.D. Virginia · 1992
- In Re TestaverdeDistrict Court, E.D. New York · 2004
- In Re VogtUnited States Bankruptcy Court, M.D. Louisiana · 2000
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