IN THE MATTER OF: FIRSTMARK CORPORATION and CAPITOL SECURITIES, INCORPORATED, Debtors. APPEALS OF: VIRGINIA E. BROUWER, WESLEY BAXTER, ALBERTA E. HAESSIG, et al., 132 F.3d 1179

Summary

The investors had appealed to the district court from the bankruptcy court's interim fee awards to the attorneys, its final report, and its order denying reconsideration. The district court affirmed the bankruptcy court's order closing the proceeding and dismissed as moot their motion for reconsideration. The investors claimed that the attorneys lied about their relationship with the debtor and that all fees and expenses should be disgorged. The court held that (1) it was permissible for the district judge to determine that there was no need to revisit earlier fee awards or to hold a hearing on the same objections heard and ruled on previously, (2) that past representation of an employee of the debtor did not bar the attorneys representation of the creditors' committee, (3) that there was no irregularity with regard to the sale of an insurance subsidiary, (4) that the investors were barred from bringing up a matter never brought up before the bankruptcy court, and (5) that the ...