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SECURITIES INV. PRO. CORP. v. CHARISMA SECURITIES CORP.

No. 72 Civ. 981.

352 F.Supp. 302 (1972)

SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff, v. CHARISMA SECURITIES CORPORATION, Defendant.

United States District Court, S. D. New York.

December 18, 1972.

Attorney(s) appearing for the Case

Theodore H. Focht, Gen. Counsel, Securities Investor Protection Corp., Michael E. Don, Washington, D. C., for plaintiff.

Edwin L. Gasperini, Trustee, pro se.

Gasperini, Koch & Savage, New York City, for trustee.

OPINION

POLLACK, District Judge.

This is an application for an interim fee allowance to the Trustee and counsel for the Trustee serving in the liquidation of the broker-dealer business of Charisma Securities Corp. (Charisma) pursuant to the Securities Investor Protection Act of 1970, 15 U.S.C. §§ 78aaa-78lll ("1970 Act"). The amount sought totals $8,075. The Trustee has devoted 35 hours to his activities and he values this time at not less...

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