Legal Opinion

In the Matter of American Express Warehousing, Ltd., Debtor

Court of Appeals for the Second Circuit

Decided November 25, 1975No. 149, Docket 75-5006PublishedCited by 13 opinions

1Opinion of the Court

IRVING R. KAUFMAN, Chief Judge:

The high cost of modern bankruptcy administration has been a matter of concern to both creditors and courts. 1 In 1974, almost one-quarter of an average bankrupt’s estate was consumed by administrative expenses, and over one-third of this sum was expended on attorney’s fees. 2

Our decision in In re Sapphire Steamship Lines, Inc., 509 F.2d 1242 (2d Cir. 1975), in part at least, reflects concern over the high cost of administering a bankrupt’s estate. There, we set forth three strict requirements before a creditor’s attorney could be awarded fees from the estate of…

2Cases cited15 opinions

  1. City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
  2. Trustees v. GreenoughSupreme Court of the United States · 1882
  3. In Re Progress Lektro Shave CorporationCourt of Appeals for the Second Circuit · 1941
  4. In the Matter of Hudson & Manhattan Railroad Company, Debtor. Lamb, Blake, Hutchinson & Dunne and Strasser, Spiegelberg, Fried & Frank, Hudson & Manhattan CorporationCourt of Appeals for the Second Circuit · 1964
  5. Procter & Gamble Distributing Co. v. Lawrence American Field Warehousing Corp.New York Court of Appeals · 1965

10 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. In Re Garland Corp.United States Bankruptcy Court, D. Massachusetts · 1981
  2. In Re Continental Vending MacHine Corp. And Continental Apco, Inc., Debtors. James Talcott, Inc. v. Irving L. Wharton, TrusteeCourt of Appeals for the Second Circuit · 1976
  3. In Re Morton Shoe Companies, Inc.United States Bankruptcy Court, D. Massachusetts · 1982
  4. In Re MatisUnited States Bankruptcy Court, N.D. New York · 1987
  5. Wilson Freight Co. v. Citibank, N. A.District Court, S.D. New York · 1982

8 more not listed; retrieve them via the Exa API.

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