Court Opinion

ID: 9446798
Source: CourtListenerOpinion
Date Created: 2023-08-03 22:18:37.64686+00
Date Added: 2024-06-11T17:30:47.210141
License: Public Domain

SWAN, Circuit Judge
(dissenting in part).
I disagree with my brothers’ decision as to disqualification of the firm of Baker, Obermeier & Rosner. It is my understanding, as it was Judge Dimock’s, that the rule in this circuit is that under § 249 the fiduciary is not disqualified for compensation by transactions in which he had no beneficial interest, and that he is not conclusively presumed to have a beneficial interest in transactions of his wife. Judge Dimock gave the matter very careful consideration. For the reasons stated in his opinion I think the award to Baker, Obermeier & Rosner should be allowed to stand.
In other respects I concur in the opinion of my brothers.