IN RE INTERAMERICAS, LTD.

Nos. 04-34519-H1-7 to 04-34530-H1-7.

321 B.R. 830 (2005)

In re INTERAMERICAS, LTD., Interamericas Investments, Ltd., Interamericas Holdings, Inc., Interamericas Financial Holdings, Ltd., Interamericas Financial Holdings Corp., Interamericas Corporation, Amper International, Ltd., Amper, Ltd., INV Capital, Ltd., INV Services, Ltd., Orbost, Ltd., MP Corp., Debtors.

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

March 29, 2005.


Attorney(s) appearing for the Case

Interamericas, Ltd., The Woodlands, TX, pro se.

Interamericas Investments Ltd., The Woodlands, TX, pro se.

Interamericas Holdings, Inc., The Woodlands, TX, pro se.

Interamericas Financial Holdings, The Woodlands, TX, pro se.

Interamericas Corporation, The Woodlands, TX, pro se.

Amper International Ltd., The Woodlands, TX, pro se.

Amper Ltd., The Woodlands, TX, pro se.

INV Capital, Ltd., The Woodlands, TX, pro se.

INV Services, Ltd., The Woodlands, TX, pro se.

Orbost, Ltd., The Woodlands, TX, pro se.

MP Corp., The Woodlands, TX, pro se.

Keavin McDonald, Blanche D. Smith, W. Steve Smith, Houston, TX, for trustee.

Ellen Maresh Hickman, Houston, TX, Diane G. Livingston, Franklin, TN, for U.S. Trustee.

David J. Levy, Paul M. Botros, Houston, TX, for GMAC Mortgage Corp.

Edward L. Ripley, Houston, TX, for American Founders Financial Corp. & American Founders Life Insurance Co.


AMENDED ORDER DENYING AMENDED APPLICATIONS TO EMPLOY STEVE SMITH, P.C.

MARVIN ISGUR, Bankruptcy Judge.

The Court has reviewed the Trustee's applications to employ Steve Smith, P.C, as his counsel in each of the above-referenced cases. For the reasons set forth below, the Court finds that the Trustee's application fails to set forth a basis on which the employment of Steve Smith, P.C. is "in the best interest of the estate" pursuant to 11 U.S.C. § 327...

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