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GASKILL v. GORDON

No. 88 C 3404.

942 F.Supp. 382 (1996)

Paul GASKILL and Alan L. Hess, on behalf of themselves and all others similarly situated, Plaintiffs, v. Earl Dean GORDON and Kenneth F. Boula, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

September 30, 1996.

Attorney(s) appearing for the Case

Stephen B. Diamond, James S. Shedden, Lawrence Wiley Schad, Beeler, Schad & Diamond, P.C., David Albert Genelly, Joanne Mae Hershkowitz, Fishman & Merrick, P.C., Chicago, IL, for plaintiffs.

Thomas Ivan Matyas, Shefsky, Froelich & Devine, Ltd., Chicago, IL, for Mutual Benefit Life Insurance Company, in Rehabilitation, appellant.

Michael R. Turoff, Hal R. Morris, Arnstein & Lehr, Chicago, IL, for Southmark Corporation intervenor.

Steven P. Handler, McDermott, Will & Emery, Martha W. Berzon, Schwartz, Cooper, Greenberg & Krauss, Steven G. M. Stein, Stephen E. Ray, Stein, Ray & Conway, Chicago, IL, for defendants.

Lawrence Wiley Schad, Beeler, Schad & Diamond, P.C., David Albert Genelly, Fishman & Merrick, P.C., Chicago, IL, for Jeffrey Cagan, Cagan Realty Inc., receivers.

John Michael Touhy, Mayer, Brown & Platt, Chicago, IL, for Travelers Insurance Company, proposed.

MEMORANDUM OPINION AND ORDER

ANN CLAIRE WILLIAMS, District Judge.

On December 11, 1995, this court approved an award to the receiver, attorneys, and accountants ("the professionals") in this action. The court awarded $6,915,480 in fees and $850,420 in costs. Dissatisfied with this award, the professionals ask the court to reconsider its order and increase their fee payment. For the reasons set forth...

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