Schlesinger v. Councilman

holding that the district court had the power to adopt a rule establishing a guideline schedule of fees in personal injury actions for seamen | calculating net equity according to claimants' initial investment in Ponzi scheme and offsetting that number by any phony interest payments received | calculating net equity according to claimants’ initial investment in Ponzi scheme and offsetting that number by any phony interest payments received | affirming refusal to treat individual claims as part of a class action in a proceeding under old Bankruptcy Act and Securities Investor Protection Act of 1970, 15 U.S.C.A. Secs. 78aaa et seq. | “The district courts’ supervisory jurisdiction over contingent fee contracts for services rendered in cases before them is well-established.” | an inherent power to set counsel fees in cases involving persons of presumed incapacity | an inherent power to set counsel fees in cases involving persons of presumed incapacity | federal court has supervisory jurisdiction to redetermine contingent fees in admiralty cases | federal court has supervisory jurisdiction to redetermine contingent fees in admiralty cases | decision under Securities Investor Protection Act | decision under Securities Investor Protection Act