Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-ca10-87-01039/USCOURTS-ca10-87-01039-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 

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GLENN HILL, 

UNITED STATES COURT OF APPEALS 

FOR THE TENTH CIRCUIT 

Plaintiff-Appellee, 

) 

) 

) 

) 

FILED 

United States Court of Appeals 

Tenth Circuit 

JAN 2 51989 

ROBERT L. HOECKER 

Clerk 

v . ) No. 87-1039 

) (D.C. No. 80-C-1248) 

BACHE HALSEY STUART SHIELDS, INC., 

Defendant, 

) (D. Colo.) 

) 

) 

FEDERAL DEPOSIT INSURANCE CORPORATION, ) 

) 

Intervenor-Appellant, ) 

) 

and ) 

) 

NA DENVER NATIONAL BANK, ) 

) 

Intervenor. ) 

ORDER AND JUDGMENT 

Before McKAY, MOORE, a nd BRORBY, Circuit Judges. 

After e xamining the b r iefs and appellate record, this panel 

has determined unanimousl y that oral argument would not materially 

a s s ist the determi nation of this appeal. See Fed. R. App. P. 

34( a); 10th Cir. R. 34.1.8. 

submi tted without oral argument . 

The cause is therefore ordered 

This is a n appea l from an order of the district cour t 

impo sing sanctions under Fed. R. Civ. P. 11. In the district 

Appellate Case: 87-1039 Document: 01019962384 Date Filed: 01/25/1989 Page: 1 
c ourt, counsel for plaintiff sought the award of attorney's fees 

as a sanction against the Federal Deposit Insurance Corporation 

and another party. Plaintiff claimed that FDIC's intervention in 

the underlying proceedings violated Rule 11 and "suggested that 

the appropriate sanction be $10,000." Plaintiff furnished no 

documentation to support the amount of the requested sanction. 

At the conclusion of the hearing, the district court found 

and concluded that the FDIC had violated Rule 11 and assessed 

attorney's fees in the amount of $5,000. The district court 

further stated that if the fee was not paid within ten days, he 

would reconsider assessing the entire $10,000, but cautioned 

counsel for plaintiff that if "that happens, you should support 

the motion with affidavits ... as to the reasonableness of the 

fee." 

Because the record fails to support the appropriateness of 

the amount of the fee, the award of attorney's fees is VACATED and 

the matter REMANDED. 

The mandate shall issue forthwith. 

ENTERED FOR THE COURT 

PER CURIAM 

2 

Appellate Case: 87-1039 Document: 01019962384 Date Filed: 01/25/1989 Page: 2