Articles Posted in Mary Ellen Nickel – Fiduciary Fraud

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Forbes contributing writer Dan Fisher nailed it!

Check out his new article detailing Asbestos Trust Fraud, Insider Dealing and the Misappropriation of Funds –

Here’s a link to the article –

https://www.forbes.com/sites/legalnewsline/2018/06/06/art-imitates-life-billions-describes-six-figure-part-time-jobs-on-asbestos-trusts/#7186b504301b

These corrupt lawyers involved don’t think we (those representing victims) don’t know?

To be sure they read the article – I made sure to e-mail each a link to the article – Here’s the e-mail – ;-P

LET THESE “LOSERS” (FIDUCIARIES) BELOW KNOW EVERYONE KNOWS THE FUNDS THEY ARE STEALING FROM ASBESTOS VICTIMS – 

From: Michael Mandelbrot <mandelbrot@asbestoslegalcenter.org>
To: Alfred Wolin <awolin@saiber.com>; Bethany P. Recht <brecht@kmklaw.com>; Bob Capritti <rcapritti@verusllc.com>; Marc E. Wolin <mwolin@saiber.com>; Suzanne Barkoff <sbarkoff@saiber.com>; Mary Ellen Nickel <mnickel@delcpf.com>; Melissa Metzfield <mmetzfield@claimsres.com>; Dan Myer <dmyer@verusllc.com>; Sander L. Esserman <esserman@sbep-law.com>; Mike Rooney <mfrclaims@mfrclaims.com>; Kathleen Campbell Davis <kdavis@camlev.com>; Marla R. Eskin <meskin@camlev.com>
Cc: Molly Spieczny <mspieczny@diiasbestostrust.org>; Nancy Freeman <nfreeman@diiasbestostrust.org>; Jared Garelick <jgarelick@claimsres.com>; Jason C. Rubinstein <jrubinstein@fklaw.com>; Marcellene Malouf <mmalouf@diiasbestostrust.org>; “ustpregion16.la.ecf@usdoj.gov” <ustpregion16.la.ecf@usdoj.gov>; Peter D’Apice <dapice@sbep-law.com>; Tom Florence <thomas.florence@ankuraconsulting.com>
Sent: Friday, June 8, 2018 11:21 AM
Subject: Asbestos Trust Funds – Recent Article

Notice – copy to blog/U.S. Trustee

Hi – Happy Friday.

Just wanted to be sure each of you “Fiduciaries” had seen the recent article below relating to Asbestos Trusts.

We all know what is taking place at every Trust in the Country. Favoritism  (by a pack of “pliable” Fiduciaries); Misappropriation of Victim Trust Funds (hundreds of millions to ‘favored parties’ and to yourselves..i.e… I have a receipt showing Brayton used victims Trust funds to pay for his wedding bills…); Sham Audits by interested parties like Ankura/Morgan Lewis (…”let’s deceive the U.S. Trustee that we are properly auditing claims after misappropriating billions….and hey, let’s fund Tom Florence – an interested party…”); Concealment of Asbestos Sites (at every Trust) harming Future and Present Victims of due Compensation. Asbestos Victims just want this conduct and vast misappropriation to stop.

Please be sure to share with each of your ‘Fiduciary’ friends. I’ve also attached another recent article with shows where victims money is going. Page 7 has a wonderful graphic.

I added some of my favorite quotes from the article below. “Pliable”

Have a nice weekend.

Art Imitates Life: ‘Billions’ Describes Six-Figure, Part-Time Jobs On Asbestos Trusts

Art Imitates Life: ‘Billions’ Describes Six-Figure, Part-Time Jobs On Asbestos Trusts

By Legal Newsline

Trustees, like the father of “Billions” co-creator Brian Koppelman, can make substantial salaries for …

“Trustees, typically selected by plaintiff lawyers, can earn several hundred thousand dollars a year for part-time jobs overseeing the management and dispensing of claims from the trusts….”

“In exchange, they (Kazan, Brayton and other Plaintiff Lawyers) want control over anybody who has a say about how this money is handed out,” said David Christian with DCA Law, who has represented numerous insurance companies in the often-adversarial process of determining who will ultimately foot the bills for asbestos claims. “They want somebody who is pliable.”

“Koppelman’s co-trustee on two trusts is Alfred M. Wolin, a retired federal judge whom the Third Circuit ordered off of several asbestos cases after insurers complained he had held hundreds of ex parte meetings with plaintiff lawyers. The court didn’t accuse Wolin of wrongdoing but cited the appearance of impropriety. Now in private practice, Wolin serves on seven asbestos bankruptcy trusts..” (…added text: …laughable to assume to there is not insider dealing in the selection of Wolin).

“The THAN trust was dominated by frequent fliers on the asbestos bankruptcy scene including Koppelman and Wolin, as well as an expert witness who has testified on the value of asbestos claims in nearly every bankruptcy in the past decade or so. The Future Claims Representative was Samuel Issacharoff, a NYU Law School expert on class actions and civil procedure who swore that future claimants were well protected under the first plan of distribution….

“Once in business, the trust started paying claims at 100% of estimated value, quickly transferring $325 million to current claimants  and their lawyers (i.e. Kazan and other “Favored Parties”), who typically collect 30% or more of any claim.”

After the highest-value claims had been paid (to “favored parties” such as Kazan/Brayton), the trust announced a 16-month halt, then readjusted its estimates to reduce the payout to 30%, citing the need to preserve assets for the future against a higher-than-expected $2.5 billion in claims.” (here, every future THAN victim got ‘screwed’ while Plaintiff lawyers and Fiduciaries got rich…complete fraud…)

Christian, the lawyer who frequently represents insurers at odds with plaintiff lawyers, co-wrote a 2011 article blaming plaintiff lawyers and their hand-picked allies on the bankruptcy trusts for what happened at the THAN Trust. He and his co-authors concluded that “thousands of claims were suddenly manufactured and voted on,” giving plaintiff lawyers overwhelming control over the process….(..with no Fiduciaries – just ‘buddies’ of favored parties overseeing the process…)

 

Thanks,

Mike

Mandelbrot Law Firm/Asbestos Legal Center

1223 Grant Ave. Suite C

Novato, CA 94945

(415) 895-5175 

(415) 727-4700 (fax)

Mandelbrot@asbestoslegalcenter.org

www.mesothelioma.pro

www.asbestoslegalcenter.org

Art Imitates Life: ‘Billions’ Describes Six-Figure, Part-Time Jobs On Asbestos Trusts

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Updated June 2018

Mary Ellen Nickel (mnickel@dcpf.com) and The Corrupt Women of Asbestos Litigation – Bad Lawyers/Disgraceful Thieves from Asbestos Victims

The “Corrupt Women of Asbestos Trust Litigation” – a pack of low-esteemed, dishonest, poor quality lawyers, who have conspired with their male Fiduciary superior  (typically male) to funnel “billions of trust dollars” back to the Superiors/Fiduciaries while harming the true Beneficiaries/Victims of the  Trusts.

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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, Favoritism and Fraud.

Each solely has one goal in mind – Misappropriate as much as they can from Asbestos Trust Funds — the 30 Billion Dollars for asbestos victims. And misappropriate they have…..at least a BILLION DOLLARS. All monies that should have gone to victims has gone in these lawyers (and one Judges) pocket. Some even paint themselves as ‘victims advocates’ (i.e. Steven Kazan, Alan Brayton…)….but they are far from it – “Traitors” to the core who have stolen hundreds of millions from victims. Every asbestos victims gets less money because of these lawyers. Every one. All with one goal in mind….to line their pockets with as much money from Asbestos Trust Funds as they can…These are greedy and dishonest lawyers — each who has breached their Fiduciary and Ethical Duties and  have collectively misappropriated and assisted in the misappropriation of at least One Billion Dollars from Asbestos Trust funds.

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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, Favoritism and Fraud.

Each solely has one goal in mind – Misappropriate as much as they can from Asbestos Trust Funds — the 30 Billion Dollars for asbestos victims. And misappropriate they have…..at least a BILLION DOLLARS. All monies that should have gone to victims has gone in these lawyers (and one Judges) pocket. Some even paint themselves as ‘victims advocates’ (i.e. Steven Kazan, Alan Brayton…)….but they are far from it – “Traitors” to the core who have stolen hundreds of millions from victims. Every asbestos victims gets less money because of these lawyers. Every one. All with one goal in mind….to line their pockets with as much money from Asbestos Trust Funds as they can…These are greedy and dishonest lawyers — each who has breached their Fiduciary and Ethical Duties and  have collectively misappropriated and assisted in the misappropriation of at least One Billion Dollars from Asbestos Trust funds.

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2017 Exemplified Asbestos Trust Fraud and the Concealment of Asbestos Job Sites. Defined it.

Fiduciary Fraud took place at nearly EVERY Asbestos Trust in the Country in 2017. The goal of the Fiduciaries? Divert as much money to the themselves, interested parties and “favored” Asbestos Claimant’s Committee Members. The leaders in the fraud? The “Asbestos Trust Mafia” (see my prior posts). The leaders? Steven Kazan, Alan Brayton, Tom Florence, Stephen Snyder, Gary Fergus, Michael Ahrens and a host of other “crooks” misappropriating Asbestos Victims’ funds. Despicable lawyers? Without question! But in 2017 – the fraud continued. Robust and Rampant.

Name the Trust and I will show you fraud. Owens Corning? Yes. Western Asbestos? The ‘billion dollar’ fraud! Thorpe Insulation? Concealment of thousands of ships. Other Trusts where thousands of Asbestos Sites Concealed to Defraud Present and Future Victims? ACandS, Yarway, Plant Insulation, A.P. Green, Fibreboard, USG….just to name a few.

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How Steven Kazan and Alan Brayton Misappropriated Billions from Asbestos Trust Funds in 4 Simple Steps

The “Methods” of Corruption of 2 California Asbestos Lawyers

Every present and future victim of asbestos diseases will receive less money because of 2 very corrupt lawyers – Steven Kazan and Alan Brayton. Look in any Asbestos Trust By-Laws and Trust Distribution Procedures and you will find them. Collectively, Steven Kazan and Alan Brayton control nearly every Asbestos Trust in the Country (approximately 30 Trusts totaling nearly $30 BILLION dollars). They are “Fiduciaries” for the victims of asbestos diseases. But on each Trust, Kazan and Brayton breach that “Fiduciary Duty”. Insider dealing? Yes! Concealment of Asbestos Trust sites? Yes. Collusion? Yes. The net result? The misappropriation of BILLIONS of dollars to Kazan and Brayton.

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An Example of Asbestos Trust Fraud and the Concealment of Documents – The G-I (GAF) Asbestos Settlement Trust

This a perfect example of Asbestos Trust Fraud and the Concealment of Documents – The G-I (GAF) Asbestos Settlement Trust!

The G-I Asbestos Settlement Trust (Verus LLC) has the Invoices of GAF and Ruberoid depicting decades of sales of asbestos products! They have them! Thousands and Thousands of invoices. But do the Beneficiaries get to see these asbestos liability documents….documents Verus has a “Fiduciary Duty to Produce to Beneficiaries? NO.

The G-I Asbestos Settlement Trust, its “Fiduciaries” are concealing them. Making matters worse for beneficiaries, the G-I Asbestos Settlement Trust is ONLY providing them “Favored Law Firms” (the “Double Dippers” such as Alan  Brayton and Steven Kazan). This is fraud! This is criminal concealment! This is a breach of Fiduciary duties.

So who is responsible?

  1. Verus LLC (supposed to be a Fiduciary): The lawyers involved: Robert Capritti, Dan Myer, Frances Gecker, Stephen Snyder — All Trustees of the Trust. All conspiring to conceal documents.
  2. Frances Gecker – Corrupt and Dishonest lawyer supposed to be a “Trustee” or “Fiduciary for the Trust” – Actively involved in the concealment.

So why would the G-I (GAF) Asbestos Settlement Trust Conceal Documents specifically to harm G-I Asbestos Settlement Trust Beneficiaries? 

The answers are simple!

  1. Misappropriate G-I Asbestos Settlement  Trust Funds to Alan Brayton and Steven Kazan (the “Kings of Asbestos Trust Corruption and famous “Double Dippers”
  2. Preserve G-I Asbestos Settlement Trust Funds so Verus LLC (Myer, Capritti, Kim Lavin) can misappropriate more  G-I (GAF) Beneficiary  Funds
  3. Deceive present and future Beneficiaries of the Asbestos Liabilities of G-I (GAF) to limit payments to the same
  4. So Alan Brayton and Steven Kazan can continue their pattern of Racketeering, Fraud and Bad Faith and theft of “billions” of Asbestos Victims Trust Funds

Below – you will find the e-mail from Verus LLC – finally responding to my 5th request for the G-I Trust documents! If the same request had been made by a “Favored Counsel” (such as Alan Brayton and Steven Kazan), the G-I invoices and liability documents (depicting decades of sales)  would have been immediately provided!

From Verus LLC – Bob Capritti on November 2, 2017

Michael:

In order to request  G-I Trust documents you will need to serve a valid subpoena on the G-I Trust following the proper legal procedures for service.   

Please be advised that Verus is not authorized to accept service of process on behalf of the G-I Trust.

The-Face-of-Fraud-Alan-Brayton-The-Rat

G-I (GAF Asbestos Settlement  Trust Fraud – Alan Brayton – “King” of Double Dippers

Steven-Kazan-The-Face-of-Asbestos-Trust-Corruption-and-Fraud-214x300

Steven Kazan  – Conceals Asbestos Liability Documents at over 20 Trusts. Fiduciary Fraud!

Stephen-Snyder-Corrupt-LawyerStephen Snyder – Former Asbestos Defense Lawyer who has committed perjury (many times) to become G-I Settlement Trust Trustee and the  Trustee of many other Trust. Conspires with Steven Kazan and Alan Brayton on many Trusts and has assisted in the misappropriation of billions in Trust funds.

Contact the messenger behind the fraud – he can confirm all of the above!

@

Bob Capritti | Claims Manager

 

Verus LLC

rcapritti@verusllc.com 609.466.0427 ext. 1010

3967 Princeton Pike | Princeton, NJ 08540 |www.verusllc.com

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Updated regularly…(See below for note from author)

The Corrupt Women of Asbestos Litigation – Bad Lawyers/Worse People

There is over $30 Billion Dollars set aside for victims of asbestos diseases. But who oversees that money? Who decides which claimants/beneficiaries actually get compensated? Everyone talks about the “Trustees” or “Fiduciaries” (typically male)…..but they can’t do it alone. They need help to commit such massive fraud. Individuals with criminal intent and bad motives who will willingly engage in fraud if it benefits them. So what do these Trustees and Fiduciaries do? They fill the roles with “Corrupt Women Lawyers” and pay them well. The Appearance: “…these are esteemed female lawyers who have ‘broken the glass ceiling’…..”

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Opinion based on 20 years of filing Asbestos Trust Claims – See full blog post on this topic – Updated September 4, 2017 (and as circumstances change)

The Asbestos Trust Mafia: Corrupt Lawyers Harming Present and Future Asbestos Victims

Note: This is a ‘story’ that has to be written. Billions and Billions of Dollars have been stolen by the individuals below. Billions. Each of the individuals below is tied to each other as an “Asbestos Trust Fiduciary”. Each is dishonest. Each commits fraud solely designed to misappropriate money from asbestos victims. Each is solely engaging in fraud to “line their own pockets”. Quite possibly “THE” most corrupt lawyers in the Country. The Asbestos Trust Mafia.
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Updated Regularly since the Asbestos Trust Corruption is ongoing….

Opinion (Michael J. Mandelbrot, 25 years Asbestos Plaintiff Attorney)

It’s Official – A Mafia exists in the world of Asbestos Litigation. I know because I worked at a “Mafia” member’s Firm, saw the activities first hand, and have now dealt with these corrupt Fiduciaries (the “Asbestos Trust Mafia”) for over 20 years. Nothing below would be printed were it not true and supported by factual and/or documentary evidence. For 30 years these dishonest lawyers have ‘raped’ Companies, Trusts, and Asbestos Victims to the tune of billions….