Articles Posted in Asbestos

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Sara Beth Brown “Retires” as Department of Justice Investigations Heat Up – For 15 Years – Brown Misappropriated Asbestos Victims Funds

First the Western Asbestos Settlement Trust Managing Trustee Stephen Snyder “retired” as Department of Justice Investigations intensified.

Now the Executive Director of Western Asbestos Settlement Trust – Sara Beth Brown has “retired” too. 

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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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Asbestos in lungs
Mesothelioma

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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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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

262068_chest_xray-300x294

Asbestos in lungs
Mesothelioma

Published on:

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

262068_chest_xray-300x294

Asbestos in lungs
Mesothelioma

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Sara Beth Brown and Laura Paul – Celebrating 15 Years of Stealing Asbestos Victim’s Funds – Racketeering (Asbestos Trusts)

The “Biggest Little City in the World” (Reno, NV) also contains the “Biggest Asbestos Trust Fund Scammers” in the World:  Laura Paul and Sara Beth Brown. 

Simply calling these two (Paul and Brown) disgraceful and dishonest would be compliment. One cannot understate the immense fraud committed by Laura Paul and Sara Beth Brown. No doubt they are currently in the process of trying to deceive the Department of Justice. Their “leader” – and the individual most responsible for over $1,000,000,000 (yes, billion) in asbestos trust fraud – has “resigned” amid the Department of Justice Investigation – Stephen Snyder. Snyder’s partner in crime – Gary Fergus (the great white buffoon) – was fired from the Trusts. But Paul and Brown continue to steal victim’s monies. 15 years  now…

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Steven Kazan — The Donald Trump of Asbestos Trusts – Collusion, Corruption, Fraud – 

The comparisons are undeniable.

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Steven Kazan – The “President” of Asbestos Trust Fraud – has his “dirty” hands in nearly every Asbestos Trust

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Asbestos Trusts Come Under DOJ Civil Investigation

Share us on: By Alex Wolf

Law360 (October 5, 2018, 7:26 PM EDT) — The U.S. Department of Justice is turning up the heat to ferret out abuses and potential cases of fraud in the country’s multibillion-dollar asbestos bankruptcy trust system.