Case Name: Pauline Low, Appellant, v. Richard K. Van Nostrand et al., Defendants, and Chesebrough-Pond's Inc., Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1966-05-24
Citations: 25 A.D.2d 846
Docket Number: 
Parties: Pauline Low, Appellant, v. Richard K. Van Nostrand et al., Defendants, and Chesebrough-Pond’s Inc., Respondent.
Judges: Concur — Breitel, J. P., MeNally, Stevens and Eager, JJ.
Reporter: Appellate Division Reports
Volume: 25
Pages: 846–846

Head Matter:
Pauline Low, Appellant, v. Richard K. Van Nostrand et al., Defendants, and Chesebrough-Pond’s Inc., Respondent.

Opinion:
Order, entered March 10, 1966, unanimously modified, on the law, on the facts, and in the exercise of discretion, to fix the sum of $3,000 as the amount awarded to Bennett Frankel, Esq., for legal fees and disbursements to be paid by Chesebrough-Pond's, Inc., and otherwise affirmed, with $30 costs and disbursement to appellant. In light of the relevant factors to be considered in fixing reasonable compensation to successful counsel in a stockholder's derivative action (including benefit to the corporation, time justifiably and reasonably spent by counsel, his standing and reputation at the Bar, and his reasonably incurred expenditures, see Garfield v. Equitable Life Assur. Soc. (24 A D 2d 74); Marine Midland Trust Co. v. Forty Wall St. Corp. (13 A D 2d 118, affd. 11 N Y 2d 679); Ripley v. International Rys. of Cent. America (16 A D 2d 260, affd. 12 N Y 2d 814), the allowance fixed at Special Term was inadequate; and the record suggests and supports the allowance fixed as aforesaid.
Concur — Breitel, J. P., MeNally, Stevens and Eager, JJ.