Per Curiam.
Involved is the question of the proper rate of commission for an auctioneer which rendered services to an assignee for the benefit of creditors.
The assignee-respondent retained auctioneer-appellant to sell the physical assets of the estate pursuant to court order (Debtor and Creditor Law, § 14). In remitting the proceeds of the sale, the auctioneer deducted 10% of the gross sales as its commission. On the assignee's final accounting...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.