Hosier et al v. Citigroup Global Markets, Inc.

Filing 127

ORDER denying without prejudice 100 Petitioners' Motion for Attorney Fees By Magistrate Judge Craig B. Shaffer on 04/03/2012. (cbslc1)

Download PDF
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Civil Action No. 11-cv-00971-CMA-CBS GERALD D. HOSIER, individually and as Trustee of the Gerald D. Hosier U/A/D 10/04/99, BRUSH CREEK CAPITAL LLC, and JERRY MURDOCK, JR., Petitioners/Arbitration Claimants, v. CITIGROUP GLOBAL MARKETS, INC., Respondent/Arbitration Respondent. ORDER Magistrate Judge Craig B. Shaffer This civil action comes before the court on the Motion for Attorneys’ Fees filed by Petitioners Gerald D. Hosier, individually and as Trustee of the Gerald D. Hosier U/A/D 10/04/99, Brush Creek Capital LLC, and Jerry Murdock, Jr. (collectively, “Petitioners”) on January 4, 2012 (Doc. # 100). Pursuant to the Order of Reference dated May 16, 2011 (Doc. # 33) and the memorandum dated February 3, 2012 (Doc. # 110), this matter was referred to the Magistrate Judge. The court has reviewed the Motion, the entire case file, and the applicable law and is sufficiently advised in the premises. Here, a fee award may flow from the District Judge's Order Confirming Arbitration Award and Denying Motion to Vacate Arbitration Award, which Respondent is challenging on appeal. The District Judge also ordered “that no execution may issue, nor may proceedings be taken to enforce, the Order or the Judgment pending the issuance of a mandate from the U.S. Court of Appeals.” (See Doc. # 107 (Text Only Entry)). Although the filing of a notice of appeal “generally divests the district court of jurisdiction over the issues on appeal, . . . the district court retains jurisdiction over collateral matters not involved in the appeal.” Lancaster v. Indep. Sch. Dist. No. 5, 149 F.3d 1228, 1237 (10th Cir.1998) (internal quotation marks and citation omitted). “Attorney's fees awards are collateral matters over which the district court retains jurisdiction.” Id. Nevertheless, the court possesses the authority to hold a motion in abeyance pending resolution of a matter on appeal. If Respondent succeeds before the Tenth Circuit, no fee award may be appropriate. An award of attorneys’ fees to Petitioners prior to disposition of the appeal could be premature. Given the pendency of the appeal, the court concludes that the better course is to defer ruling on the Motion, particularly as reversal would undermine the very basis for a fee award. The court determines that it is in the interests of justice and efficiency to deny the Motion without prejudice to refiling after “the issuance of a mandate from the U.S. Court of Appeals.” (See Doc. # 107). Accordingly, IT IS ORDERED that Petitioners’ Motion for Attorneys’ Fees (filed January 4, 2012) (Doc. # 100) is DENIED without prejudice to refiling. DATED at Denver, Colorado, this 3rd day of April, 2012. BY THE COURT: s/Craig B. Shaffer United States Magistrate Judge

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?