21. Innocent's Imperative
(Articles/Entities)

... corporate bankruptcy cases are abused by Debtors' management and their "professionals", we believe that only the protections and safeguards of a federal proceeding will provide victims some chance to minimize ...

22. Kasowitz Fee Padding
(Frontpage Content/Frontpage)

... e a duty to inform former clients who may have suffered from inflated discovery fees? Are there non-private clients, such as debtor ...

23. Profiles In Dishonesty
(Articles/Cases)

...  Jointly Administered) INC., REPLAYTV, INC. and SENSORY SCIENCE CORPORATION, Chapter 11 Debtors. Date: May 5, 2009 POST-CONFIRMATIO ...

24. WaMu WaMu
(Articles/Cases)

... he lucrative position as lead counsel for the debtor in exchange for ..... Are the same lawyers who escaped incarceration for their Leslie Fay crimes involved again? Are these the same lawyers who p ...

25. Paul Traub
(Articles/People)

...  need. So Paul Traub goes both ways. Not that there is anything wrong with that. Paul likes to be employed as debtor's counsel in a bankruptcy case but he also likes it when his joint partnershi ...

26. Sleaze Tracker: Dewey LeBoeuf Swallows Demon Seed
(Frontpage Content/Frontpage)

... The list of conflicted clients starts with the debtor in possession, Aureal, Inc., and grows, according to HBD's own belated filings, to a number of significant parties: Oaktree Capital et al ...

27. Mitt Romney
(Frontpage Content/Frontpage)

28. Prosecutorial Discretion
(Articles/Issues)

... , or a trustee (which includes a broad range of persons including U.S. Trustees, private trustees, as well as a Debtor In Possession) is required by Title 18 of t ...

29. Donna Sturman
(Articles/Cases)

... happened to focus in on this particular conflict of interest tid bit: One should also note that, at this point in the Cases, the Debtors, Joseph Warren, one of the executors of the Muriel Estate and the ...

30. David Marshall Brown
(Articles/People)

31. WolfBlock
(Articles/Entities)

... District of Delaware; a "Debtor's Paradise" described by UCLA Professor Lynn LoPucki as the center of a corrupt bankruptcy industry headed by corrupt judges. But there are two things that the main stream ...

32. Jeff Adams
(Articles/People)

... The Court when he filed an affidavit in conjunction with his firms request to be retained as special counsel to the Debtor in the bankruptcy case of EAGLE BROADBAND, INC., et al.07-80605-G3-11 Southern ...

33. SONICblue
(Articles/Cases)

... f SONICblue, Inc. has been tragically marred by the misdeeds of professionals. Debtor’s counsel settled claims against it for nearly $10 million. Committee counsel settled claims against it for nearly  ...

34. Federal Dissent
(Articles/Issues)

... "Next") because of concern about the current state of federal bankruptcy practice. Next was a small, private firm engaged in the business of purchasing and accepting assignments of claims against debtors ...

35. Lehman FireSale Fraud
(Articles/Cases)

One of the oldest tricks in the book, one of the simplest forms of bankruptcy fraud. After a Debtor files for bankruptcy protection, you buy the assets really really cheap. For much less than they are ...

36. Lehman - Examiners Report
(Articles/Cases)

LEHMAN BROTHERS HOLDINGS INC., et al., Debtors. Chapter 11 Case No. 08-13555 (JMP)   An "Examiner" was hired to use some of the estates moneys to write a report to figure out what happened in this ...

37. Preet's Potato
(Articles/Cases)

...  and Paul Traub also worked for Stage Stores, prior to eToys. Stage Stores was co-Debtor with Liquidity Solutions. As part of the confirmed Plan, MNAT, Traub and Barry Gold agreed that the Plan Administ ...

38. Issues
(Articles/Issues)

...  sworn declarations are found the DOJ and Federal Judges often cover up the crimes to protect their brother lawyers. Quid Pro Quo - also known as the Business Model For The Mega Case Debtor Counsel ...

39. Quid Pro Quo
(Articles/Issues)

...  Oddly enough, these corporate executive criminals are still in charge of the bankruptcy debtor, even in instances where prosecutors may have started one of their years long investigations. These corrupt ...

40. Conflict of Interest
(Articles/Issues)

... that is in conflict with his self interest: The client can be beneficiaries, such as creditors and stockholders of a bankrupt company, and the decision maker is the debtor's counsel or trustee. These trustees ...