Appellate Division of the Supreme Court of New York, 1966

Caso v. 323 Edgecombe Realty Corp.

Caso v. 323 Edgecombe Realty Corp.
Appellate Division of the Supreme Court of New York · Decided March 15, 1966 · Breitel, McNally, Staley, Steuer, Stevens
25 A.D.2d 637; 267 N.Y.S.2d 916; 1966 N.Y. App. Div. LEXIS 4771
Caso v. 323 Edgecombe Realty Corp.

Opinion of the Court

Order entered on October 19, 1965, settling the accounts of Samuel S. Goodman, the Receiver herein, overruling the objections of the plaintiffs to the account and directing payment to the receiver of commissions and an additional allowance of $1,250, unanimously modified, on the law, on the facts, and in the exercise of discretion, by deleting from the order the paragraph awarding to the receiver an allow*638anee for additional services in the sum of $1,250, and otherwise affirmed, with $50 costs and disbursements to appellants. CPLR 8004 (suhd. [a]) provides for the maximum compensation to be paid a receiver computed at 5% of sum received and disbursed by the receiver. The statutory commissions represent the maximum amount which may be paid to a receiver for his services. (Siegel v. Bromanbro Really Corp., 23 A D 2d 634.)

Concur — Breitel, J. P., McNally, Stevens, Steuer and Staley, JJ.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.