In re Standard Gas & Electric Co.

LEAHY, Chief Judge.

This is an application by the Securities and Exchange Commission for the approval of a facet of the plan of liquidation of Standard Gas and Electric Company and Standard Power and Light Corporation under § 11(e) of the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq.

No question but that Standard employed James P. McGranery on November 23,1954 as an expert witness, in connection with Standard’s defense against a claim for legal services filed by the law firm of Guggenheimer & Untermeyer in connection with the reorganization of Standard.

G & U’s fee…