Legal Opinion

J. William Wolf v. Robert R. Frank, Mallory H. Horton, as Receiver of Industrial Guaranty Bancorp., Continental Casualty Co., Movant-Appellant

Court of Appeals for the Fifth Circuit

Decided July 13, 1977No. 75-2226PublishedCited by 62 opinions

1Opinion of the Court

COLEMAN, Circuit Judge:

The District Court allowed the appellees attorneys fees in the sum of $259,611.50 for professional services rendered to the prevailing parties in a stockholders derivative action. The appellants say that the allowance was excessive. Appraising the record as a whole, and applying the legal principles which govern the matter, we agree.

We modify the Judgment of the District Court, affirm it as modified, and remand the case for compliance herewith.

Reference to the reported cases impressively demonstrates the increased burden being imposed on the federal appellate courts by…

2Cases cited18 opinions

  1. Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
  2. In the Matter of First Colonial Corp. Of America, Bankrupt. American Benefit Life Insurance Company, Appellants-Cross-Appellees v. Franz J. Baddock, Trustee, Appellee-Cross-Appellant. In the Matter of First Colonial Corp. Of America, Bankrupt. Bert K. Robinson v. American Benefit Life Insurance CompanyCourt of Appeals for the First Circuit · 1977
  3. Adam BAXTER, Plaintiff-Appellant, v. SAVANNAH SUGAR REFINING CORPORATION, Defendant-AppelleeCourt of Appeals for the Fifth Circuit · 1974
  4. Fairley v. PattersonCourt of Appeals for the Fifth Circuit · 1974
  5. Fed. Sec. L. Rep. P 93,949 J. William Wolf, Plaintiffs-Appellants-Cross v. Robert R. Frank, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1973

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3Cited by62 opinions

  1. Dolores J. Copeland, Individually and on Behalf of the Class of All Others Similarly Situated v. F. Ray Marshall, Secretary of LaborCourt of Appeals for the D.C. Circuit · 1980
  2. National Ass'n of Concerned Veterans v. Secretary of DefenseCourt of Appeals for the D.C. Circuit · 1982
  3. Serrano v. UnruhCalifornia Supreme Court · 1982
  4. Dowdell v. City of ApopkaCourt of Appeals for the Eleventh Circuit · 1983
  5. National Association of Concerned Veterans, Appellees/cross-Appellants v. Secretary of Defense, Appellants/cross-Appellees. Mark Green and Corporate Accountability Research Group v. Department of Commerce, Beverly L. B. Parker v. Secretary of TransportationCourt of Appeals for the D.C. Circuit · 1982

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