Case Name: In the Matter of REL REEVES, INC., Bankrupt
Court: United States District Court for the Southern District of Florida
Jurisdiction: United States
Decision Date: 1981-01-29
Citations: 9 B.R. 492
Docket Number: Bankruptcy No. 75-1000-Bk-CF-B
Parties: In the Matter of REL REEVES, INC., Bankrupt.
Judges: 
Reporter: West's Bankruptcy Reporter
Volume: 9
Pages: 492–492

Head Matter:
In the Matter of REL REEVES, INC., Bankrupt.
Bankruptcy No. 75-1000-Bk-CF-B.
United States District Court, S. D. Florida.
Jan. 29, 1981.
Douglass Wendel, Trustee.
Irving Wolff, Miami, Fla., for trustee.

Opinion:
ORDER REGARDING CALCULATION OF COURT COSTS
THOMAS C. BRITTON, Bankruptcy Judge.
The bankrupt had in its possession a large supply of parts and materials owned by the United States Air Force. This inventory was ultimately valued at $3,566,772. During the administration of this case, the Air Force asserted its ownership of this inventory and prevailed. The inventory was delivered to the Government.
Since this inventory never became a part of the estate, the Clerk is directed to omit the valuation of this inventory in the calculation of the taxable court's costs. However, since the trustee was responsible for this inventory, which was in his custody for several years before the Air Force established its title, the value of this inventory may properly be considered in computing the maximum permissible compensation payable to the trustee.