N.Y. Debtor & Creditor Law § 21: Trial, costs and commissions

§ 21. Trial, costs and commissions. The court, in its discretion, may

order a trial by jury or before a referee, of any disputed claim or

matter arising under the provisions of this article. It may in its

discretion award reasonable counsel fees and costs, determine which

party shall pay the same, and make all necessary rules to govern the

practice under this article. The assignee or assignees named in any

assignment shall receive for his or their services a commission of not

to exceed five per centum on the whole sum which will have come into his

or their hands, except in a case where such percentage shall not equal

two hundred dollars in which case the court may grant such a sum which

with such percentage shall equal two hundred dollars. If the assignee

continues the business the court may allow him additional compensation

equal to what he might be allowed as hereinabove provided.

The actual and necessary expenses incurred by the assignee in the

administration of the estate shall be reported in detail, under oath,

and examined and approved or disapproved by the court. If approved they

shall be paid out of the estate.