These documents relate to the "Honorable" James M. Peck.  Formerly of Schulte Roth & Zabel LLP and Duane Morris LLP.

Read about Judge Peck, a legal genius, and well connected member of the legal industry's Neo-Mafia by downloading these free documents.

At the time,

 the largest ever,

and for many years thereafter,

MCI WorldCom redefined the meaning of a Mega Case bankruptcy.  Congress and the Courts have long known of the inherent risks associated with our bankruptcy system, how conflict of interest can feed the corruption of DOJ lawyers and Federal Bankruptcy Judges by Bankruptcy Rings.

If any of us were to imagine that there were some corrupt lawyers in the bankruptcy courts... then just maybe we would find some of these corrupt lawyers running amok in the largest bankruptcy case ever?

Perhaps the criminal corporation which was running the largest series of corporate frauds would foster some amount of fraud and dishonesty in its resulting bankruptcy case...

There is no question that allowing criminals to profit while they break the law will only ensure that criminals will thrive and go on to even greater crimes.  Thus we find that MCI / Worldcom is no longer the biggest case ever.  Allowing the evil pretenders to run wild on the playing field of the U.S. Federal Bankruptcy Court "system" ensured that Lehman, General Motors, and countless banks in our financial system would fail.  Feeding the evil who prey upon our nations failures makes them stronger and bolder.  

Those who ignore history are doomed to repeat it. 

Let's consider the quiet truths in the WorldCom case.

Worldcom: a circumstance where a peculiar plan violating the basic premise of equal recovery for similarly situated claims was confirmed (in violation of Title 11 U.S.C. § 1129 among other statutes) which gave extra special payments to a certain small group of claims traders?   Who are these claims traders and what relationships do they and their relations have with the bankruptcy lawyers and DOJ lawyers?

And how about this little tidbit, not previously disclosed to Bankruptcy Misconduct readers:

Worldcom: a circumstance where a special court order was sought, and granted, that set up a peculiar process beyond the established Federal Rules of Bankruptcy PRocedure (FRBP) which enabled a certain small group of claims traders to acquire a tremendous amount of claims without adhering to 3001(e) or the protections established for selling creditors.

The documents related to the WorldCom / MCI megacase in U.S. Bankruptcy Court in Manhattan SDNY (02-13533 lead case number) cases will shed much light, and make a great starting point for a Federal Special Prosecutor.  Perhaps a prosecutor could start with the death threat advice as evidenced by a transcript filed before the judge and confirmed as accurate by the attorney who sought the judge's approval to cease inquiry into the conflict of interest and payment favoritism.

Hopes and Promises ran high in the U.S. Presidential election of 2008.  We were promised a new administration which would be honest and transparent.  We were promised that corruption would end.  The Southern District of New York has a new U. S. Attorney by the name Preet Bharara.

Welcome To The Jungle

Bankruptcy Misconduct has a page dedicated to Mr. Bharara.  Below are a number of eMails to Preet from the whistleblower in the eToys bankruptcy scandal appear.  As stated in the emails themselves, they were sent by blind copy to a number of parties for Preet's protection.

A wonderful set of nine detailed and illustrative documents were attached to one of the eMails.  For the convenience of academics, high school and college scholarship applicants, citizens, historians, reformers, legislators, any appointed Federal Special Prosecutor, legitimate journalists, and DOJ employees beyond the corruptive influence of money & promises we are hosting these documents in this special Preet / eToys document download section.  These documents are available without charge, and readers are urged to continue their research of the entire eToys document.

 "Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants; electric light the most efficient policeman."

eToys is one of the biggest and clearest bankruptcy fraud scandals involving BigLaw firms and DOJ officials.  The story is not going away, and may very well be the straw that breaks the camels back of entrenched corruption in the U.S. legal system.

There are a number of documents featured below. 

Documents are related to the eToys bankruptcy and frauds upon the Court, as well as the related cover-up including: conflict of interest by law firms which filed false declarations under oath, orders to disgorge fees by federal judges, communications regarding the failure to make mandatory referal for perjury / bankruptcy fraud regarding the false sworn declarations.

Got Madoff?       ....  OK, that was a Ponzi scheme.

How about when a multi-billion dollar hedge fund does a takeover of a public company, takes all the money and leaves nothing for minority stockholders?  And all the while the same lawfirm simultaneously represented the hedge fund doing the hostile takeover and the public company takeover target.  Numerous SEC violations and false sworn documents.  This is beyond a no brainer as being not only unethical, but blatantly illegal. 

So what do the State Bar of California do about it?

What does the DOJ do about it? 

How could either of these corrupt organizations do anything against one of their own? 

Yes, a former DOJ lawyer is deeply involved.  And so is a big four accounting firm.  The misconduct and crime here is well documented in these free downloads.