ORDER AFFIRMING BANKRUPTCY COURT RULING
This сause is before the Court in the form of consolidated appeals of an order of the United States Bankruptcy Court for the Middle District of Florida, dated May 22, 1987, overruling appellants’ objections to the agreement of compromise and settlement of claims of appellee The Equitable Life Assurance Society of the United States (“The Equitable”) against the debtors’ estates. The Bankruptcy Court considered the cases in consolidated fashion and issued a single set of findings of fact and conclusions of law regarding the objections. After deliberation and consideration of the briefs filed in these matters, the rеcords on appeal, and the oral arguments of counsel, the Court finds that the order of the Bankruptcy Court should be affirmed.
The underlying subject matter of these appeals is a lease entered into between The Equitable and debtor The Securities Groups.
1
Because a significant period of time remаined on the lease when the debtors filed their bankruptcy petitions in 1984, The Equitable submitted a claim for prepet-ition arrearages in rent and postpetition damages, both governed by 11 U.S.C. § 502(b)(6). The Bankruptcy Court’s findings of fact concerning the lease and subsequent events are not in dispute, and they are reported аt
Appellants challenge the amount of the settlement. They assert that it .exceeds the maximum permitted by § 502(b)(6). Appel-lees posit that this argument wаs not presented to the Bankruptcy Court and *140 therefore it has not been preserved for appeal. In addition, appellees defend the permissibility of the settlement amount pursuant to § 502(b)(6). The Court will first address the waiver issue.
When appellants filed their Objections to the Settlement, they raised an objection to the amount as excessive. Id. at 632. As framed at that time, however, appellants’ argument concerned The Equitable’s failure to mitigate damages. The Bankruptcy Court extensively analyzed the issue of mitigation, based on the evidence presented at a hearing in that court, see id. at 631-34, and concluded “that The Equitable acted reasonably under the circumstances to mitigate its damages and is entitled to its full claim as limited by 11 U.S.C. § 502(b)(6).” Id. at 634. The appellants’ Objections to the Settlement are silent on the question of the interpretation of § 502(b)(6).
Appellants urge the Court to review the application of § 502(b)(6) purely as a matter of law as applied to the evidence in the record. Appellants rely upon “the district court’s power to consider any issue presented by the record even if the issue was not presented to the bankruptcy court.”
In re Pizza of Hawaii, Inc.,
It is within this Court’s discretion to resolve an issue not decided in the Bankruptcy Court if the record thoroughly presents.the issue.
In re Air Conditioning, Inc. of Stuart,
The factual situation in
Espino
highlights the waiver issue based on an inadequate record and accordingly the case merits discussion. The Bankruptcy Court did not address the issue of whether to deny discharge to the debtors on the ground that they destroyed personal records. The Bankruptсy Court did, however, make a finding on the lack of corporate financial records. Although evidence of the lack of personal records was introduced, this occurred in the context of a different argument to the bankruptcy court.
The circumstances of this appeal compare closely to
Espino.
Appеllants sought to elicit many factual predicates for their legal argument during the Bankruptcy Court’s hearing. However, it appeared that the facts were being developed in support of the argument concerning failure to mitigate damages which was raised in the Objections to the Settlement. The Bankruptcy Court considered and made findings on mitigation in response to the apparent thrust of appellants’ objection. Notably, the Bankruptcy Court perceived that appellants “devoted their entire case in chief to an attempt to: 1) impeach the Trustee’s investigation of the advisability of the settlement; and 2) impeach The Equitable’s claim.
No affirmative evidence of any realistic alternative was offered.”
Appellants finally retreat to reliance upon their Proposed Findings of Fact and Conclusions of Law (“Proposed Findings”) as proof that the § 502(b)(6) was squarely presented to the Bankruptcy Court. In order to have a complete record on appeal, this Court permitted thе filing of the Proposed Findings while reserving the question of what weight, if any, to give to them. See Order [Granting Motion to Supplement Record], dated May 27, 1988. Upon reflection, the Court finds that the inclusion of the § 502(b)(6) issue in the Proposed Findings did not preserve the issue for appeal.
Defining the nature of proposed orders is necessary. Courts solicit proposed orders to assist in the summarization and definition of matters presented to them. However, “[t]he proposed order or opinion serves as an additional opportunity for a party to brief and argue its case and thus is unfair to the party not accorded an opportunity to resрond.”
In re Colony Square,
Appellant’s Proposed Findings presented the § 502(b)(6) issue to the Bankruptcy Court, but the timing clearly reflects the unfairness of treating the issue as properly preserved for appeal. Prior to the hearing in the Bankruptcy Court appellees had notice only of certain other objections to the settlement agreement, and they presented evidence to rebut the claims embodied in those objections. Appellants presented nо evidence of their own which might have suggested the issue. Appellants’ cross-examination of the witnesses at the hearing rarely touched on the subject of § 502(b)(6), and, when it did, the context does not suggest the argument raised in this appeal. Thus, not until the submission of evidence was closed did appellants raise the issue. Appellees belated attempt to place Seth H. Agata’s affidavit before this Court illustrates the frustration of the judicial process that appellants have inflicted. “Bankruptcy cases are to be tried in bankruptcy court.”
Air Conditioning, Inc.,
The inquiry is not finally closed upon finding that appellants waived the § 502(b)(6) issue. To the extent that an issue was not preserved for appeal in the Bankruptcy Court, it may be reviewed “if it involves a pure question of law and if refusal to consider it would result in a miscarriage of justice....”
Id.
at 298;
In re Louisiana Indus. Coatings, Inc.,
Moreover, the Court cannot say that refusal to employ extraordinary review would result in a miscarriage of justice. “[T]hat power will only be exercised in exceptional cases.”
Delancey v. Moticheck Towing Serv., Inc.,
The purpose of § 502(b)(6) is to confine the landlord’s claim to a reasonable amount that will not prevent general unsecured creditors from recovering a dividend from the estate.
See id.
(quoting House and Senate Reports). The Court is of the opin
*143
ion that the settlement agreement effectuates the statute’s purpose, even if it exceeds the statutory maximum amount as calculated by appellants, because the overall total of assets in the estates tied up by the settlement of The Equitable’s claims is not significantly different from the amount which would have been committed to payment of the claims following litigation by The Equitable.
5
The Court cannot say that this case, if appellant’s arguments are accepted as true, presents a miscarriage of justice to the degree necessary to justify extraordinary review.
Cf. Liner v. J.B. Talley & Co.,
ORDERED AND ADJUDGED:
That the order of the Bankruptcy Court is affirmed in all respects.
Notes
. Debtors The Monetary Group, The Securities Group 1980, and The Securities Group are general partners of The Securities Groups, a New York general partnership.
. The Colony Square court sternly chastised a bankruptcy judge for adopting verbatim an ex parte proposed order and opinion. Although the parties here were well aware of the proposed orders, appellants effectively urged the Bankruptcy Court to commit the sins of Colony Square by adopting a mеthod for resolving the case which had not been subjected to the adversarial process.
. Appellants never directly urge the Court to set aside the Bankruptcy Court’s finding. However, they proffer a method for calculating damages pursuant to § 502(b)(6) that reduces The Equitable’s damages for actions, such as rent abatement, which the Bankruptcy Court found to be commercially reasonable actions taken in mitigation. Appellants offer no legal authority for the proposition that commercially reasonable actions taken in mitigation must be charged against a lessor for the purpose of calculating maximum damages pursuant to § 502(b)(6).
. Appellants propose, with scant legal authority, that the damages cap of § 502(b)(6)(A) limits The Equitable’s claim to damages which could be proved for the first year following the date of the petition or the surrender of the property. This argument overlooks the apparent scheme of the statute. Section 502(b)(6) is a cap on maximum permissible damages which may be awarded. ”[I]n all events, the burden is on the landlord to show damages resulting from the termination of the lease. Upon such showing, the landlord’s allowable claim is limited to the formula described in section 502(b)(6)(A)....” 3 Collier on Bankruptcy ¶ 502.02[7], at 502-61 (15th ed. 1979 & 1988). The key to the interpretation оf the section is calculation of the total damages suffered for the remaining term of the lease, not simply the damages suffered in the short term following a bankrupt’s ejection from or surrender of the premises. Thus, if the land-Iord takes all commercially reasonable steps in mitigation of damages and still suffers damagеs over the remaining term of the lease in excess of the amount permitted under § 502(b)(6), then the full amount authorized by the statute may be claimed. This conclusion is apparent from the language of the statute, which refers to an amount equal to "the rent reserved by [the] lease, without acceleration” for a maximum specified term.
The Bankruptcy Court followed this methodology, as evidenced by its determination that The Equitable was "entitled to its full claim
as limited by
11 U.S.C. § 502(b)(6).”
. Put another way, the Court finds that the Bankruptcy Court did not abuse its discretion in concluding that the settlement agreement was in the best interest of the estates.
See