MATTER OF HIGHLAND CAPITAL MANAGEMENT, L.P.

No. 22-10575.

74 F.4th 361 (2023)

In the MATTER OF HIGHLAND CAPITAL MANAGEMENT, L.P. Debtor, NexPoint Advisors, L.P., Appellant/Creditor/Party in Interest 11 U.S.C. 1109(B), Appellant, v. Pachulski Stang Ziehl & Jones, L.L.P., Appellee/Retained Professional; Wilmer Cutler Pickering Hale and Dorr, L.L.P.; FTI Consulting, Incorporated; Teneo Capital, L.L.C.; Sidley Austin, L.L.P., Appellees, NexPoint Advisors, L.P., Appellant, v. Wilmer Cutler Pickering Hale and Dorr, L.L.P., Appellee, NexPoint Advisors, L.P., Appellant, v. Teneo Capital, L.L.C., Appellee, NexPoint Advisors, L.P., Appellant, v. Sidley Austin, L.L.P., Appellee, NexPoint Advisors, L.P., Appellant, v. FTI Consulting, Incorporated, Appellee.

United States Court of Appeals, Fifth Circuit.

FILED July 19, 2023.


Attorney(s) appearing for the Case

Samuel A. Schwartz , (argued), Las Vegas, NV, Athanasios Eftimios Agelakopoulos , Attorney, Schwartz Law, P.L.L.C., Las Vegas, NV, Kristin H. Jain , Jain Law & Associates, P.L.L.C., Irving, TX, for Appellant.

Jeffrey N. Pomerantz , Pachulski Stang Ziehl & Jones, L.L.P., Los Angeles, CA, Zachery Z. Annable, Esq. , Hayward, P.L.L.C., Dallas, TX, Gregory Vincent Demo , Jordan A. Kroop , (argued), John A. Morris, Esq. , Pachulski Stang Ziehl & Jones, L.L.P., New York, NY, for Appellee Pachulski Stang Ziehl & Jones, L.L.P.

Benjamin Loveland , Wilmer Cutler Pickering Hale and Dorr, L.L.P., Boston, MA, Zachery Z. Annable, Esq. , Hayward, P.L.L.C., Dallas, TX, Timothy F. Silva , Wilmer Cutler Pickering Hale and Dorr, L.L.P., Boston, MA, for Appellee Wilmer Cutler Pickering Hale and Dorr, L.L.P.

Paige Holden Montgomery, Esq. , Sidley Austin, L.L.P., Dallas, TX, for Appellees FTI Consulting, Incorporated, Teneo Capital, L.L.C., Sidley Austin, L.L.P.

Before Higginbotham, Southwick, and Willett, Circuit Judges.


The bankruptcy court, administering a complex bankruptcy, dismissed NexPoint Advisors, LP's objection to professional fees paid to myriad organizations. NexPoint appealed to the district court, sitting as an appellate court. The district court dismissed for lack of standing to appeal. NexPoint appeals. We...

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