Court of Appeals for the Fifth Circuit May 22, 1979, 77-1472 (Fed. Sec. L. Rep. P 96,878 Securities and Exchange Commission v. Independence Drilling Corporation)

AINSWORTH, Circuit Judge:

This appeal involves review of an order entered by the district court directing the Securities and Exchange Commission to pay the fees and expenses of a receivership initiated on the SEC’s motion where assets of the corporate defendants were insufficient to defray the costs of the receivership.