In Re Music Merchandisers, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “One general rule seems to be that the base for calculation of compensation for a sale ‘subject to liens or encumbrances’ excludes the amount of liens and includes only the net or surplus actually paid to (and presumably ‘disbursed or turned over’ by) the trustee.”
• \One general rule seems to be that the base for calculation of compensation for a sale `subject to liens or encumbrances' excludes the amount of liens and includes only the net or surplus actually paid to (and presumably `disbursed or turned over' by) the trustee.\

Source: CourtListener parenthetical corpus (CC0).