Articles Posted in Asbestos Bankruptcy Fraud

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“The Dirty 30” 

30 Asbestos Bankruptcy Trust Lawyers Engaging in Fraud, Collusion, Breach of Trust, and Misappropriation of Trust Funds

They are all guilty. Every one of them. Collusion, Breach of Trust, Theft of Trust Funds (Billions), Favoritism and Fraud….and that’s just a start.

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January 2021 – 

Asbestos and Mesothelioma Law Firms that DO NOT Pay Referral Fees – DO NOT HIRE THESE LAW FIRMS!!

I’ve been in Asbestos Litigation as a Plaintiff Lawyer for 25 years. With any Law Firm you work with – “Trust” and “Honesty” are extremely important. As a Plaintiff lawyer – you expect dishonesty from Asbestos Defense lawyers. But not from Plaintiff lawyers. But as I’ve learned – there are a number of very dishonest Plaintiff’s Asbestos and Mesothelioma Law Firms that DO NOT pay referral fees. One has to wonder if these Law Firms ‘steal’ from Clients too…?

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Ankura Consulting Sued in Federal Court – Sham Asbestos Trust Audits, Fraud, Bad Faith, Tortious Interference with Contracts

Finally. Dr. William Durham has stepped up to try and stop the Fraud, Corruption and Bad Faith taking place at Asbestos Trusts by Ankura Consulting. Finally…..because Ankura Consulting LLC is a bunch of thieves and frauds….

Ankura Consulting has been engaging in corruption for decades — Engaging in Insider Dealing (with lawyer Steven Kazan) – Banning esteemed lawyers and Doctors – all surrounding the billions of dollars in Asbestos Trusts funds. 

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2019 Again Exemplified Fraud, Misappropriation of Funds, Insider Dealing, and Corruption Taking Place at Asbestos Trusts.

The Goal of the Asbestos Trust Fiduciaries? Simple – Divert and Misappropriate as much Trust Money (Billions) to Steven Kazan, Alan Brayton, Tom Florence, Bethany Recht, Mary Ellen Nickel and other Corrupt Fiduciaries while at the same time suppressing legitimate claims from honest lawyers AND banning (through sham audits) Doctors that the “honest” lawyers work with….High Level Corruption in 2020 awaits…

Examples of Corruption in Asbestos Trusts Discovered in 2019:

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Steven Kazan Has Completely Rigged Asbestos Litigation!!

It’s rigged. Completely rigged. Asbestos litigation is a $100 Billion ‘industry’ and it’s been completely rigged. With one man primarily responsible — Steven Kazan (www.kazanlaw.com; #kazanlaw.com; @kazanlaw.com). 

Steven-Kazan-The-Face-of-Asbestos-Trust-Corruption-and-Fraud-214x300The Man Who Rigged Asbestos Litigation: Steven Kazan

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California Mesothelioma, Lung Cancer & Asbestosis Victims – Call Now for California’s Top Firm (1-800-970-DUST)

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The Mandelbrot Law Firm is now appealing to Mesothelioma and Lung Cancer Victims in California  to call the Asbestos Legal Center http://www.mesothelioma.pro anytime at 1-800-970-DUST.

The Asbestos Legal Center offers on the spot access to attorney Michael J. Mandelbrot the founding partner of the Asbestos Legal Center. The Asbestos Legal Center is one of the nation’s premier mesothelioma and asbestos exposure lung cancer law firms-and they consistently get the best financial compensation settlement results for their clients. www.mesothelioma.org

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TROY, Mich.July 9, 2019 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that Maremont Corporation (“Maremont”), a non-operating subsidiary of Meritor, and Maremont’s three wholly-owned, non-operating subsidiaries, Maremont Exhaust Products, Inc., AVM, Inc., and Former Ride Control Operating Company, Inc. (collectively with Maremont, the “Debtors”) have consummated their Joint Pre-Packaged Plan of Reorganization (the “Plan”). The Plan was confirmed by the U.S. Bankruptcy Court for the District of Delaware on May 17, 2019 and approved by the District Court for the District of Delaware on June 27, 2019. All current and future asbestos claims related to the Debtors’ historical asbestos-related activities have been channeled to an asbestos trust (the “Trust”) that will process and satisfy all such claims going forward pursuant to the Trust’s resolution and payment procedures.

As previously announced, pursuant to the Plan, which was supported by 100 percent of holders of current asbestos claims against Maremont that voted on the Plan, the Debtors established the Trust in accordance with the provisions of section 524(g) of the U.S. Bankruptcy Code. The Trust has been funded with a $28 million contribution from Meritor and Maremont’s remaining assets, including approximately $21 million in cash and intercompany loan receivables less certain amounts needed to pay for the remaining administrative costs of the Chapter 11 Cases, as well as its remaining insurance assets.

Other key terms of the Plan include:

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