Waldron v. Adams & Reese, L.L.P. (In Re American International Refinery, Inc.)

BENAVIDES, Circuit Judge:

This case is an adversary proceeding arising out of the Chapter 11 bankruptcy of American International Petroleum Company (“AIPC”) and American International Refinery, Inc. (“AIRI”) (collectively the “debtors”). Appellant Robbye R. Wal-dron, the Liquidating Trustee of the AIPC Liquidating Trust (the “Trustee”), filed suit against Appellee Adams & Reese, LLP (“A&R”), the former debtors’ counsel, seeking disgorgement of the attorney’s fees awarded during the bankruptcy. After a bench trial, the bankruptcy court ordered a sanction of $135,000 for A&R’s failure to…