Opinion – June 2020
Department of Justice Investigating Nearly ALL Asbestos Trusts! Victims win in the long run…
Asbestos Trusts have mismanaged for decades. Fraud, collusion, concealment, and favoritism is the norm at EVERY Asbestos Trust. Former Judges using Trusts as their “Golden Parachute” (Alfred Wolin, Ken Kawaichi). Even worse, current Judges (Sheri Bluebond) using Trust funds for her “reappointment”. And far worse, dozens of ‘former Asbestos Defense Lawyers’ billing Trusts millions.
But now the Department of Justice has ‘moved in’. Here are samples of their letters.
In the battle of States v. Asbestos Trusts – Round 1 goes to the Trusts. “The Trusts got lucky,” said longtime Asbestos Attorney Michael Mandelbrot.
“13 States there is MAJOR fraud taking place at Asbestos Trusts and want the evidence. What does the Trust have to hide?” added Mandelbrot. Many lawyers have complained that extensive fraud and double dipping is taking place at the Trusts. “Of course it is! When the same lawyers are running the Trusts – Steven Kazan and Alan Brayton – are also filing claims with the Trusts, it’s a recipe for fraud. Kazan and Brayton have misappropriated a billion dollars from victims, thus harming States, and present and future beneficiaries of the Trust. A complete joke!”
“The lawyers at the Delaware Trusts, including Tom Florence, Mary Ellen Nickel, Molly Spieczny, Marla Eskin, and Marcellene Malouf have to be concerned. These Trusts and victims money have been their ‘gravy train’ for decades and it’s soon coming to a halt. These terrible lawyers will never get another job.”