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AmmoCore / Cadence Design Systemshot!

27.05.2008

Anthanassios Katsioulas and the Board of Directors of Ammocore Technology, Inc. object to the Trustee’s Motion to Settle Adversary Proceeding with Cadence Design Systems et al. We hope to get exhibits to this motion. There are reports that the BigLaw firm MNAT, famous for their involvement with eToys bankruptcy case, was representing the outside public firm which allegedly exerted de facto control over AmmoCore causing its bankruptcy filing and acquiring certain of its assets.

Bingham McCutchen associates sequentially victimized by Date Rape Drug

13.05.2008

The fish stinks from the head down. What ethics and morals exist at a lawfirm specializing in bankruptcy law when more than one of their female junior associate attorneys is given a date-rape drug at an official firm outing? How many actual rapes must occur before Bingham McCutchen either investigates themselves, or reports the pattern of illegality to the police? Would you want such a firm representing any issue on your behalf? What corporate executive or committee member wants to risk having his/her professional career forever linked with the Bingham McCutchen name, particularly if a date rape drug is used at an event associated with a retained matter? Jimmy Buffett sang "I don't know where I'm a gonna go when the Volcano blows".

Criminal Notification to Thomas P. O'Brien - U.S. Attorney

01.04.2008

Criminal referral by court appointed liquidator to U.S. Attorney Thomas P. O'Brien as against multiple parties including: U.S. Attorney Colm F. Connolly

Traub, Bonacquist & Fox, L.L.P.

Dreier LLP

Morris, Nichols, Arsht & Tunnell

eToys Docket

02.04.2008

The docket for the eToys bankruptcy case, showing the retribution against Laser Haas. Mr. Haas was the original liquidator for the eToys estate. He relates that he resisted efforts to sell certain of the assets to certain entities at prices he considered too low and arranged for sales at higher prices to different persons. Mr. Haas says that he was threatened to stop "interfering" with the sales, though he thought obtaining the highest recovery for the estate was his job. Mr. Haas has made significant efforts to publicize his research that showed these apparrantly favored "low price" buyers to have been undisclosed clients of the same bankruptcy lawyers that were officially employed as DIP counsel to the bankruptcy estate. Failing to disclose a conflict of interest by a bankruptcy law firm by filing a false affadivit is a serious federal crime. Engaging in the willful cover up of same is arguably worse. Just as the sub-prime crisis appears poised to bring down Wall Street, the failure to prosecute obvious crimes by lawyers secretly representing conflicted hedge fund clients, as epitomized in the unfolding eToys saga, will surely awaken the public to the decades long established "corrupt business as usual" masquerade played by revolving door DOJ lawyers pretending to prosecute crimes all the while these dirty lawyers plot their lucrative moves into multi-million dollar partnership positions at BigLaw law firms.
The Deferred Prosecution Agreement is a blatantly corrupt device when former government regulators are designated to receive extraordinary payments as part of the process. Follow the money: Corruption is What Corruption Does. This depraved tricker was born of the abuse of prosecutorial discretion and existed long before its incredulous emergence out of the shadows, as countless ever greater corporate frauds were ignored by career savvy DOJ lawyers who privately ridiculed their oaths. The willful failure by DOJ lawyers to incarcerate their private practise bretherin after Leslie Fay / Bear Stearns was a seed which bore the fruit of Enron and WorldCom. Similar failures by DOJ lawyers to incarcerate corporate executive criminals established the consequence free playing field upon which was born the sub-prime financial crisis.
The current financial crisis is not one of laws, but of the failure to enforce the laws on the books. It doesn't matter how many laws we have or how well written if they are never enforced against the powerfull. If the prosecutors are corrupt, the criminals run free. Let's not forget that Eliot Spitzer was a U.S. Attorney, all the while he engaged in business with organized crime violating numerous federal statutes. There is a saying: "Physician, heal thyself". Our own Attorney General warned of the existence of more public corruption than we can detect and prosecute, and specifically identified Law Enforcement and the Judiciary as needed a close look. We are in need of a Federal Special Prosecutor to examine corruption in the DOJ regarding willful failures to enforce the law against law firms representing powerful hedge funds.

Federal Judge commits Bankruptcy Fraud

07.04.2008

The Judicial Conference of the United States gets it right, finds numerous ethical and criminal violations by Federal Judge G. Thomas Porteous including Bankruptcy Fraud. BankruptcyMisconduct calls this a good start, but hopes that fellow judges don't protect this treasonous pig. Martha Stewart and rapper Li'l Kim did serious jail time for much less serious obstruction and perjury. Let's throw the book at him, and have the government pursue a RICO case against all the lawyers who paid him bribes as well as their clients. The opposing parties need an opportunity to recover as well. Enough band aid corruption fighting, we need full cathartic elimination and cleansing and full restitution to victims of judicial and prosecutorial corruption.