IN RE MCORP FINANCIAL, INC.

Bankruptcy Nos. 89-02312-H3-11, 89-02324-H5-11, 89-02848-H2-11 and 89-02312-H3-11.

137 B.R. 219 (1992)

In re MCORP FINANCIAL, INC., MCorp Management, and MCorp, Debtors.

United States Bankruptcy Court, S.D. Texas, Houston Division.

January 7, 1992.


Attorney(s) appearing for the Case

D.J. Baker, Melanie Grey, Wendy K. Laubach, Weil, Gotshal & Manges, Houston, Tex., for debtors.

Philip Anker, Shearson Lehman Hutton, Inc., William J. Perlstein and Elizabeth S. Duane, Wilmer, Cutler & Pickering, Washington, D.C., Donald Christie, Kirkendall & Collins, Houston, Tex., Robert Rosenberg, Latham & Watkins, New York City, for Creditors Committee.

John Flowers, Law Offices of John Flowers, Dallas, Tex., for Principal Mut. Life Ins. Co.

Jeff W. Hurt, Brooke E. Smith, Leonard, Marsh, Hurt, Terry, & Blinn, P.C., Houston, Tex., for F.D.I.C.


MEMORANDUM OPINION

LETITIA Z. CLARK, Bankruptcy Judge.

Three plan(s) contained in one document, the Revised Third Proposed Chapter 11 Plan of MCorp, MCorp Financial, Inc., and MCorp Management, Debtors and Debtors-in-Possession in the above-captioned Chapter 11 cases (referred to as "Debtors"), have been the subject of a contested confirmation hearing. The court has considered the plan(s), objections, pleadings, evidence, memoranda and arguments of counsel...

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