The following excerpt is from Securities & Exchange Com'n v. Manor Nursing Ctrs., Inc., 458 F.2d 1082 (2nd Cir. 1972):
27 We assume that the district court in due course will enter an appropriate order providing for payment to the trustee of reasonable compensation for his services and reimbursement of his expenses. Cf. Mills v. Electric Auto-Lite Co., 396 U.S. 375, 389-97 (1970).
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.