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IN RE MCORP FINANCIAL, INC.

Civ. A. No. H-92-199.

139 B.R. 820 (1992)

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

United States District Court, S.D. Texas.

April 23, 1992.

Attorney(s) appearing for the Case

D.J. Baker, Weil Gotshal & Manges, Houston, Tex., for debtors.

David A. Ives, Leonard Marsh Hurt Terry & Blinn, Houston, Tex., for F.D.I.C.

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

Philip D. Anker, Wilmer Cutler & Pickering, Washington, D.C., for Shearson Lehman Hutton, Inc.

Donald J. Christie, Kirkendall & Collins, Houston, Tex., Robert J. Rosenberg, Latham & Watkins, New York City, for Official Committee of Unsecured Creditors of MCorp, MCorp Financial Inc., & MCorp Management.

OPINION ON DISMISSAL OF APPEAL

HUGHES, District Judge.

1. Introduction.

On January 7, 1992, the bankruptcy court denied confirmation of the debtors' third chapter 11 plan of reorganization. 137 B.R. 219. The debtors and the official committee of unsecured creditors have appealed that order. The appeals have been consolidated. Principal Mutual Life Insurance Company, Shearson Lehman Hutton, Inc., and the Federal...

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