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STEERE v. BALDWIN LOCOMOTIVE WORKS

No. 6739.

98 F.2d 889 (1938)

STEERE et al. v. BALDWIN LOCOMOTIVE WORKS, and seven other cases.

Circuit Court of Appeals, Third Circuit.

August 9, 1938.

Attorney(s) appearing for the Case

Drinker, Biddle & Reath, of Philadelphia, Pa., Hays, St. John, Abramson & Schulman, Denis B. Maduro, and Raymond L. Wise, all of New York City, Bernard A. Illoway, Saul, Ewing, Remick & Saul, and Schnader & Lewis, all of Philadelphia, Pa., and White & Case, of New York City, and Henry S. Drinker, of Philadelphia, Pa., Arthur Garfield Hays, of New York City, and Maurice Bower Saul and Francis A. Lewis, both of Philadelphia, Pa., for appellants.

Morgan, Lewis & Bockius, of Philadelphia, Pa., for appellee.

Before THOMPSON and BIGGS, Circuit Judges and MARIS, District Judge.

MARIS, Circuit Judge.*

These are appeals by certain creditors' and stockholders' committees and their counsel from the orders of the District Court for the Eastern District of Pennsylvania awarding them compensation for services rendered in the reorganization of the Baldwin Locomotive Works under Section 77B of the Bankruptcy Act, 11 U.S. C.A. § 207. The court below made its awards upon what it called the "budget principle," fixing...

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