District Court, S.D. Texas April 23, 1992, Civ. A. H-92-199 (In Re MCorp Financial, Inc.)

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.