MATTER OF 601 WEST 26 CORP.


36 A.D.2d 598 (1971)

In the Matter of the Dissolution of 601 West 26 Corp. Sol G. Atlas, Respondent: 601 West 26 Corp., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

February 23, 1971


Atlas for services rendered as impartial Chairman of the Board of Directors of a corporation, unanimously modified, on the law and the facts, to the extent of reducing such allowance to $30,000, and otherwise affirmed, without costs and without disbursements. The amount awarded by the judgment was clearly excessive, and under all the circumstances of this case, we find that the reduced award of $30,000 would provide adequate compensation for the services rendered. While on...

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