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LE BOEUF v. AUSTRIAN

No. 7304.

240 F.2d 546 (1957)

Randall J. LE BOEUF, Jr., Horace R. Lamb, Adrian C. Leiby, Chauncey P. Williams, Jr., John A. Brough, Craigh Leonard, James O'Malley, Jr., John L. Grose and Homer Crawford, co-partners engaged in the practice of law under the firm name and style of Le-Boeuf, Lamb & Leiby, Appellants, v. Carl J. AUSTRIAN, Surviving Trustee of Central States Electric Corporation, a corporation, Debtor, Appellee.

United States Court of Appeals Fourth Circuit.

Decided January 7, 1957.

Attorney(s) appearing for the Case

Horace R. Lamb, New York City (Bremner, Parker, Neal, Harris & Williams, W. Gibson Harris, Richmond, Va., and Alfred E. Froh, New York City, on the brief), for appellants.

Carl J. Austrian, New York City (Austrian, Lance & Stewart, Saul J. Lance and Melvin Kraft, New York City, on the brief), for appellee.

David Ferber, Asst. Gen. Counsel, Washington, D. C. (Thomas G. Meeker, Gen. Counsel, Washington, D. C., and Arthur Blasberg, Jr., Atty. Securities and Exchange Commission, Washington, D. C., on the brief), for Securities and Exchange Commission.

Before PARKER, Chief Judge, SOPER, Circuit Judge, and CHESNUT, District Judge.

CHESNUT, District Judge.

In 1942 the Central States Electric Corporation, a Virginia corporation, filed a petition in the United States District Court for the Eastern District of Virginia, for reorganization under the provisions of Chapter 10 of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq. The District Judge approved the petition and assumed jurisdiction and appointed Trustees. Later in 1944 in the course of administration the court made an order authorizing...

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