In re the Accounting of Morgan Guaranty Trust Co.

60 A.D.2d 517, 399 N.Y.S.2d 679, 1977 N.Y. App. Div. LEXIS 14408

This text of 60 A.D.2d 517 (In re the Accounting of Morgan Guaranty Trust Co.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re the Accounting of Morgan Guaranty Trust Co., 60 A.D.2d 517, 399 N.Y.S.2d 679, 1977 N.Y. App. Div. LEXIS 14408 (N.Y. Ct. App. 1977).

Opinion

Order, Supreme Court, New York County, entered February 2, 1977, unanimously modified, on the law, on the facts and in the exercise of discretion, to the extent of vacating the provisions appointing a private referee and directing payment of the private referee’s fees from the assets of the trust and in lieu thereof referring the petition for a final accounting to a court-employed Special Referee to hear and report. Except, as so modified, the order is affirmed, without costs and without disbursements. Appointment of a private referee in the absence of special circumstances and without the consent of the parties is contrary to the expressed policy of this court. (Brooks, Hampton, Levy & Walker v Balaban, 22 AD2d 679; People v Grubel, 19 AD2d 604.) Here the appointment of the private referee was made over the objection of the sole beneficiary of the trust and without her consent. The fact that there may be a waiting period in the calendar of special references does not constitute a special circumstance warranting such an appointment. Concur—Kupferman, J. P., Silverman, Markewich and Yesawich, JJ.

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Related

People v. Grubel
19 A.D.2d 604 (Appellate Division of the Supreme Court of New York, 1963)
Brooks, Hampton, Levy & Walker, Inc. v. Balaban
22 A.D.2d 679 (Appellate Division of the Supreme Court of New York, 1964)

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Bluebook (online)
60 A.D.2d 517, 399 N.Y.S.2d 679, 1977 N.Y. App. Div. LEXIS 14408, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-accounting-of-morgan-guaranty-trust-co-nyappdiv-1977.