Lehman Brothers Real Estate Partners 1, 2 and 3...

Friday, March 12, 2010

"" ... Mark Walsh and Brett Bossung, to keeping a watch over what is going to happen with ownership of the general partner entity in Lehman Brothers Real Estate Partners I, Lehman Brothers Real Estate Partners II and Lehman Brothers Real Estate Partners III (all Delaware limited partnerships).

.... Lehman Brothers Holdings Chief Restructuring Officer, Bryan Marsal, acquiesced in the disclosure of information, roughly 9 months ago, saying that the general partner entities were going to be sold to Mark A. Walsh, Brett Bossung and Mark Newman. I think the purchase price was in the neighborhood of $10 Million to $15 Million.

... working to help communities harmed by environmental and public safety problems created by bankrupt lenders and bankrupt developers.

... Concerning Walsh, Bossung and Newman's purchase of LBREP I, LBREP II and LBREP III's general partner entities, .....

... stories speculated, in a veiled manner, that the sale was being held up by the New Jersey Attorney General's lawsuit against Dick Fuld, Mark A. Walsh and both Bossung and Newman if I remembered correctly, i.e. some of the limited partners were withholding their consents to the supposed "bad actors" Walsh, Bossung and Newman getting back in the LBREP drivers seats.

Through bankruptcy court, securities, and state pension agency filings, we've discovered that LBREP I, LBREP II, and LBREP III's limited partners are pension funds, investment funds and iindividuals, and that they own about 98% of each company, with the respective Lehman owned and affiliated general partner owning the other roughly 2% of each of LBREP I, LBREP II and LBREP III. (We're read that the general partners are named LBREA I, LBREA II and LBREA III.)

Even though neither LBREP I, LBREP II nor LBREP III are bankrupt, nor are the entities which are their general partners bankrupt, apparently about 6 months before the Lehman Brothers Holdings bankruptcy in September 2008, Walsh, Bossung, Newman, and a few other employees in their department at Lehman, decided to stop funding money to development projects in which LBREP II had invested, including many so called Lehman/SunCal entities' projects.

As a result, all of the Lehman/SunCal entities real estate got blistered with mechanics liens for unpaid subcontractor bills, and they all ended up in Chapter 11's...some involuntary Chapter 11's because Walsh, Bossung, Newman and Lehman's NY based bankruptcy lawyers wouldn't consent to the filing of voluntary bankruptcies.

All of the Lehman/SunCal related real estate entity bankruptcies are listed below FYI. There is very complicated litigation ongoing between SunCal and Lehman, as part of those bankruptcies as an adversary proceeding in the "In re Palmdale Hills" case, relating to the Lehman entities acting as equity owners (like LBREP II) and Lehman entities acting as mortgage lenders (like Lehman Ali and Lehman Commercial Paper, Inc.) failing to fund to pay pre-existing construction related bills. That mess is probably going to go on for several years.

The informal bankruptcy task force got involved in one of the Lehman/SunCal projects in bankruptcy, when Walsh, Bossung, Newman and pals failed to fund in excess of $15 Million to pay bills at a project called "Oak Knoll" in Oakland, CA.

The City of Oakland had issued an "abatement order" requiring the Lehman/SunCal entity controlled by LBREP II, and the bankruptcy trustee over the Oakland project to "Abate a Nuisance" in the form of a horrific fire hazard at the property....an "abatement order" which Bossung and Newman simply ignored.

... document called SunCal865 from the bankruptcy court, or do a search with the words Oakland, Oak Knoll, fire, Lehman and SunCal to see all the news stories, which were carried in the SF Chronicle, Oakland Tribune and a few national publications about the severe fire hazard. Also a local blog called www.ActionAlameda.org had good stories. The action on the fire hazard at the Oak Knoll project was happening between June 2009 and January 2010.

Bossung, Newman and pals running LBREP II were completely recalcitrant in coming up with the money to do the City-ordered fire hazard abatement work at Oak Knoll, and ultimately the Oakland City Attorney and Alameda County District Attorney apparently "convinced" Bryan Marsal (who is the CRO/CEO of bankrupt Lehman and thereby currently the boss of LBREA II's staff) and the bankruptcy trustee over the Oak Knoll project, that they were looking at jail time if they refused to come up with the money to abate the fire hazard. [Of course, we were not first hand participants in the meetings.

We got the information from the Oak Knoll bankruptcy trustee's timesheet entries.] As a result, Bryan Marsal and another partner in Alvarez & Marsal convinced another Lehman entity Marsal runs, Lehman Ali, Inc., to lend the money to the bankruptcy trustee to do the fire hazard abatement work at Oak Knoll under a first lien real estate secured loan to the trustee.

LBREP II's 90% indirect ownership interest in Oak Knoll is "out of the money" because a $150+ Million mortgage to Lehman Ali, Inc. is senior to it, and the extra $7.7 million in fire and asbestos hazard abatement work simply puts LBREP II further out of the money. However, kvetching by Walsh, Bossung & Newman on behalf of LBREP II's limited partners would not have been helpful in the process of resolving the Oak Knoll fire hazard abatement problem.

So far, all has ended well, because Bryan Marsal got the situation resolved before Walsh, Bossung & Newman bought LBREA I, LBREA II and LBREA III, i.e. before Walsh, Bossung & Newman could stick their finger in the bankruptcy case independently of Marsal, in the name of LBREP II, and try to screw things up on resolution of the fire hazard issue as a means of getting leverage on Lehman Ali, Inc.

However, our little group of "environmental/public safety bankruptcy problem solvers" are still shocked that the sale of those general partnership interests in LBREP I, LBREP II and LBREP III to Walsh, Bossung and Newman is really going to "close escrow", because of the New Jersey Attorney General's litigation.

.... Although the fire hazard abatement work is just about to physically start, at a cost of about $7.7 Million (including make-up payments to the asbestos demolition contractor), if the money provided by Lehman Ali, Inc.'s secured loan to the Oak Knoll trustee "runs short" or if other problems develop, Walsh, Bossung & Newman would end up being parties with an opportunity to gripe, on behalf of LBREP II, about further expenditures. So I guess you could say that the well-informed neighbors of the Oak Knoll project will not be thrilled to hear that Walsh, Bossung & Newman are going to get control of LBREP II's decision making free from Bryan Marsal's supervision.

..., the Lehman/SunCal bankruptcy case numbers,
all pending in the Central District of California are:


Earliest Involuntary Chapter 11 Cased Filed by Unhappy Mechanics Lien and Junior Mortgage Creditors, where Chapter 11 Trustee Now Controls Projects. All case in U.S. Bankruptcy Court, Central District of California, Santa Ana branch, Hon. Erithe Smith, Bankruptcy Judge:

LBREP/L-SunCal Master I LLC - Case No. 08-bk-15588-ES (Lead Case for Motion Filing Purposes)

LBREP/L-SunCal McAllister Ranch LLC - Case No. 08-bk-15637-ES (Bakersfield project)
LBREP/L-SunCal McSweeney Farms LLC - Case No. 08-bk-15639-ES (CA Inland Empire Project)
LBREP/L-SunCal Summerwind Ranch LLC - Case No. 08-bk-15640-ES (CA Inland Empire Project)

4 total.....These 4 cases have a Chapter 11 Trustee other than Steven Speier

Voluntary Chapter 11 Cases Filed by SunCal management. All case in U.S. Bankruptcy Court, Central District of California, Santa Ana branch, Hon. Erithe Smith, Bankruptcy Judge. Steven Speier is Ch. 11 trustee on involuntary cases:

Palmdale Hills Property, LLC - Case 8:08-bk-17206-ES (Lead Case for Motion Filing Purposes on All 26 Bankruptcies below)
SunCal Beaumont Heights LLC - Case 8:08-bk-17209-ES (Inland Empire Project)
SunCal Bickford Ranch LLC - Case 8:08-bk-17231-ES (Penryn, CA Project)
SunCal Communities I, LLC - 8:08-bk-17248-ES (Investment Entity)
SunCal Communities III, LLC - 8:08-bk-17249-ES (Investment Entity)
SunCal Emerald Meadows Ranch, LLC - 8:08-bk-17230-ES (Inland Empire Project)
SunCal Johannson Ranch, LLC - 8:08-bk-17225-ES (Inland Empire Project)

SunCal Summit Valley, LLC - 8:08-bk-17227-ES (Inland Empire Project)
SCC/Palmdale, LLC - 8:08-bk-17204-ES (Palmdale, CA project called Ritter Ranch)
Acton Estates, LLC - 8:08-bk-17236-ES (L.A. County project north east of Santa Clarita, CA)
Seven Brothers, LLC - 8:08-bk-17240-ES (Victorville Project)
SJD Partners, LTD - 8:08-bk-17242-ES (Investment Entity)
SJD Development Corp. - 8:08-bk-17249-ES (Investment Entity)

Kirby Estates, LLC - 8:08-bk-17246-ES (Inland Empire) ....................................................14 cases

First 4 of 9 Involuntary Cases Filed by SunCal management in Santa Ana to avoid Lehman consent problem :

SunCal Heartland LLC 08-bk-17407-ES (Riverside County Project)
LB/L-SunCal Oak Valley LLC 08-bk-17404-ES (Riverside County Project)

LB/L-SunCal Northlake LLC 08-bk-17408-ES (L.A. County Project in Castaic, north of Santa Clarita)
SunCal Marblehead LLC 08-bk-17409-ES (San Clemente, Orange County Project)................................4 cases

Second 4 of 9 Involunary Cases Filed by SunCal management on 11/14 in Santa Ana to avoid Lehman consent problem:

SunCal Century City, LLC Case 8:08-bk-17458-ES (City of Los Angeles Century City Project, Danske Bank as assignee of Lehman mortgage already OK'd to foreclose)

SunCal PSV, LLC - Case 8:08-bk-17465-ES ("Palm Springs Village" in Palm Springs Area)
SunCal Torrance Properties, LLC - Case 8:08-bk-17472-ES (Del Amo Fashion Center land, Torrance CA)

Delta Coves Venture, LLC - Case 8:08-bk-17470-ES (San Joaquin delta area near Sacramento, CA).................4 cases

More voluntary Chapter 11 cases filed on 11/19/08 in Santa Ana:

Tesoro SF, LLC - Case 8:08-bk-17523 (L.A. County Project north of Santa Clarita, CA)
SCC Communities LLC - Case 8:08-bk-17572 (San Bernardino Co., CA Project )
North Orange Del Rio Land, LLC Case 8:08-bk-17574 (City of Orange CA).......................3 cases

Last 1 of 9 involuntary Chapter 11 cases filed by SunCal management on 11/19/08 in Santa Ana:
SunCal Oak Knoll, LLC, Case 8:08-bk-17588 (Oakland, CA Project)...............................1 case,

30 Lehman/SunCal bankruptcy cases total as of 11/19/08. None filed thereafter. ""

Got a Tip on Lehman Brothers... Or anything in this Post...??
Email Me Crystal L. Cox Investigative Blogger at
Crystal@CrystalCox.com

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Lehman Brothers Real Estate Private Equity Division - Brett Bossung - Mark Walsh - Mark Newman - Walsh Group

Mark Walsh, of Lehman Brothers Executives, Lehman Property Funds, Bankruptcy Indescrestions - Corruption - Wall Street real estate dealmakers - the Walsh group - Brett Bossung and Mark Newman, co-heads of Lehman's real estate private equity division... any information, Tips -or Industry Whistleblowing Leads you got.. email them to my at Crystal@CrystalCox.com

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Wood River Fund woes run deep - News Archives

Wednesday, March 10, 2010

""Alarmed investors in hedge fund can't get money back; firm faces lawsuit from Lehman.
October 11, 2005: 12:03 PM EDT
by Amanda Cantrell, CNN/Money staff writer

NEW YORK (CNN/Money) - Investors in Wood River Capital Management started running for the exits around the same time Lehman Brothers sued the hedge fund firm over a stock transaction, but the firm is having a hard time giving investors their money back, according to a person familiar with the situation.

Lehman Brothers, the hedge fund's broker, said it lost $8 million after buying shares on Wood River's behalf in a micro-cap telecommunications company, Endwave Corp (down $0.43 to $13.06, Research)., but was never paid for the shares, according to a complaint filed Oct. 3 in California Superior Court in San Francisco.

Investors began requesting their money in late September and early October, but not everyone who asked has been able to get money back, as the estimated $265 million onshore fund sunk a large chunk of capital into shares of Endwave Corp. Wood River now holds 4.3 million shares of Endwave, valued at about $60 million, according to filings with the Securities and Exchange Commission.


Such a large, concentrated position in one stock violates the terms of Wood River's offering memorandum, which said individual long positions would typically be capped at 10 percent of the portfolio, according to a person who has seen the documents.

Scott Berman, an attorney with Friedman Kaplan Seiler & Adelman who is representing some investors in Wood River's offshore fund, whose size wasn't immediately available, said he began hearing from investors last week.

Berman said that right after his clients subscribed to the fund, they found out the management team had resigned, that the SEC had subpoenaed the fund's administrator, and that Wood River had not issued a statement of the fund's net asset value, among other things.

"As soon as they learned of these things, they sent a cancellation of their subscription, which they were entitled to do, but which has not been honored," Berman said.

Lehman said in its complaint that it agreed to act as Wood River's agent in a stock transfer that would have moved Endwave stock from a Merrill Lynch account controlled by Wood River to another of its accounts at Wedbush Morgan Securities.

Lehman bought the shares, but Wood River did not arrange for the Endwave securities to be transferred to Wedbush, leaving Lehman holding the bag on more than $20 million of Endwave stock, the complaint alleges.

Lehman also said it believes Wood River, based in San Francisco and Ketchum, Idaho, has shut down. In its complaint, Lehman Brothers says it was unable to reach the firm's founders.

Wood River's offshore fund opened in July. The onshore fund opened in February 2003; according to a person who has seen the firm's offering documents, the firm's portfolio typically has 40 to 50 long positions.

This is the second high-profile hedge fund drama in recent months. Last month, two executives of Bayou Group turned themselves into authorities and pleaded guilty to felony fraud charges. Investors in that fund are still trying to recover the $450 million they invested.

John Whittier, Wood River's managing partner, started telling investors within the last month about the fund's large position in the stock, according to a Wall Street Journal report. Endwave's share price has plunged from $54 in July to its close Monday at $13.49.

The rapidly declining stock price caused investors to start asking for their money back; other investors became alarmed when they had difficulty reaching Whittier, according to the report.

The Wall Street Journal reported separately Monday that the Securities and Exchange Commission is also investigating the firm. The SEC declined to comment.

Whittier did not return a call for comment, nor did his attorney. Lehman Brothers declined to comment. ""

Source
http://money.cnn.com/2005/10/11/markets/wood_river/index.htm

http://money.cnn.com/2005/09/29/markets/bayou_investors/index.htm

So Lehman is Connected to the "Bayou Hedge Fund Scandal" - Lehman is hooked up with Proskauer Rose and Proskauer Rose negotiated teh Neuberger Berman Sale... and the conflicts and party tricks just keep adding up..

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Walsh in Line to Take Over Lehman Funds

""Mark Walsh is leading a team of Lehman Brothers executives who are close to taking over management of the bankrupt company's property funds, a move that would mark the return of one of Wall Street's biggest real estate dealmakers.

The largest limited partners in three funds with $7.2 billion of total equity signed off on transferring the management rights to the Walsh group after considering counteroffers from other fund operators, including AREA Property Partners of New York. It's unclear if the group will also be named operating partner of Lehman's two mezzanine-debt funds, which have $2.3 billion of total equity. The transfer is still subject to a vote by all of the funds' limited partners, who are expected to approve the hand off.

The Walsh team plans to relinquish the right to draw down $1.6 billion of uninvested capital from investors and focus on harvesting existing investments. It will also slash management fees. The fund's largest limited partners evidently were swayed by the team's familiarity with the assets and the fact that the group offered to manage them for less than the other bidders. Lehman declined to comment.

As head of Lehman's global real estate group, Walsh financed dozens of major property transactions during the real estate boom, supplying both equity and debt. He built a reputation as one of Wall Street's savviest and most aggressive real estate operators. But Lehman's mammoth $33 billion real estate portfolio was hammered by the downturn, contributing to the company's bankruptcy filing last September and leading to Walsh's departure.

Real estate players have been speculating about when they would see the re-emergence of Walsh, who was a 20-year Lehman veteran. The operation being formed by the Walsh team to manage the Lehman funds could eventually become an investment platform.

"This is very good for the investors because it brings Mark Walsh back to the market," said one veteran real estate player. "He has had his head down since the bankruptcy, but it is good for the market that he is back."

Joining Walsh are Brett Bossung and Mark Newman, co-heads of Lehman's real estate private equity division, who have continued to oversee the funds since the firm entered bankruptcy. The buzz is that the team also includes Kevin Dinnie and Rodolpho Amboss, both managing directors and principals in Lehman's fund shop.

But Michael McNamara announced in an e-mail to colleagues that he would resign as managing director and principal at the end of the month. He spent nine years in that position, with a focus on acquisitions. The buzz is that he decided against joining the new firm because the Lehman funds won't be making new investments. He plans to explore new opportunities.

The Walsh team would become general partners of three global property funds - the $1.6 billion Lehman Brothers Real Estate Partners 1, the $2.4 billion Lehman Brothers Real Estate Partners 2 and the $3.2 billion Lehman Brothers Real Estate Partners 3. Lehman will retain its equity stakes in the vehicles. The first two funds are fully invested, and the third fund is about half invested.

The management group will draw down a small amount of the $1.6 billion of uninvested capital in the third fund to support existing investments. But investors will be released from most of those commitments.

The management fee will be 0.55%, well below the industry norm of 1.5%. The incentive fees are also being pared back. However, the team would be entitled to higher compensation if prescribed performance hurdles are achieved.

The fund's investments will be wound down slowly to avoid fire sales in the depressed market.""

Source
http://www.realert.com/headlines.php?hid=52897

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Eliot Bernstein of Iviewit Technologies files SEC Complaint with Mary Schapiro Against Warner Bros, AOL, Time Warner,Intel, SGI, Lockheed Martin.

Friday, March 5, 2010

Eliot Bernstein, Iviewit Technologies Filed a Detailed Complaint with the SEC, with Mary Schapiro Against Warner Bros, AOL, Time Warner, Intel, SGI, Sony Corporation, Lockheed Martin and More.

Mary Schapiro and the SEC have been Warned in Great Detail of Major Shareholder Fraud. If you are a Shareholder of Warner Bros, AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin YOU need to be aware of the Eliot Bernstein Iviewit Complaint.

The Corporate Management of Warner Bros, AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin have known about this Liability for years and they are hiding it from you. Many of your investment firms now know of this SEC Complaint to Mary Schapiro - I have seen them on my site and Clicking through to the Enormous Amount of Details and proof in the SEC Complaint itself and at the Iviewit Technologies Website on this Iviewit Technologies Stolen Patent, www.iViewit.tv.

The SEC Complaint proves without a doubt of what will Soon be Trillion Dollar Liability to the Shareholders of Warner Brothers,AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin. This will be in the Billions for Each Company, and the Shareholders of Warner Brothers, AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin as well as Mary Schapiro of the SEC and the Major Law Firms involved in this Trillion Dollar Shareholder Fraud, well they will NOT be able to say they did not know, for there are well over a Thousand Documents at www.iViewit.tv that proves they have known for years.

How long will this game go on? No one can really be sure how long that Mary Schapiro of the SEC, the USPTO, the US Courts will let this continue to drag out at the expense of the shareholders of Brothers, AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin. What we can see is Blatant Obvious Fraud, Obstruction of Justice and a Covering up for folks like Intel CEO Paul Otellini, Ex-General Counsel of Warner Bruce Sewell - Now the General Counsel at Apple, Jeffrey Bewkes of Warner Bros., Proskauer Rose Law Firm, Foley and Lardner Law Firm, and Many more in the SEC Complaint filed by Iviewit Technologies Eliot Bernstein.

These High Profile Law Firm and the United States Securities and Exchange Commission Keeping this information from shareholders if Unethical at best, it is Fraud and the shareholders will pay for all of this with their hard earned money as the years pile on.

Click here to Read Details of this SEC Complaint.

Eliot Bernstein of Iviewit Technologies has Filed an SEC Complaint and YOU need to Know about. Click Here for the Official SEC Complaint and Great Detail and Proof of Shareholder Fraud and Shareholder Liability cause by Neglect, Fraud and Blatantly Violations of Contracts by Warner Brothers, AOL, Time Warner,Intel, SGI, Sony Corporation, Lockheed Martin and more carry Trillions in Liability that they have seemingly reported to No One.

Eliot Bernstein SEC Complaint

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Richard Chimberg of CL-Media Relations LLC and Randy Whitestone of Neuberger Berman. Proskauer Rose and the Neuberger Berman Sale.

Thursday, March 4, 2010

When my Little PR Spat First Started With Richard Chimberg of CL-Media Relations LLC..

You Can Find that at the Link Below
http://www.richardchimberg.com/2010/02/lets-take-another-look-at-why-richard.html

Anyway at the Time I started researching What it is was that Richard Chimberg of CL-Media Relations LLC was so upset with the Difference between "Early Next Year" and May... well it became Obvious that a few months was a Big Deal to Someone.. next thing ya know..

Lehman Brothers hit those posts, and so did Proskauer Rose LLP... I had not really found the time to track down that interesting coincidence as to Why Proskauer Rose LLP was so interested in what I was writing about Richard Chimberg of CL-Media Relations LLC which led me to Randy Whitestone of Neuberger Berman, as Richard Chimberg used a PDF from him as his "Official Source" that I was to take as the "Official Media" or Story on the Neuberger Berman Sale.

I was still not Exactly sure WHOSE Ass Richard Chimberg of CL-Media Relations LLC and Randy Whitestone of Neuberger Berman were trying to Protect by Running that Bluff on me to Remove a Post or change it when the Source I got it from was Right there on the post and they did not remove it.

All this became so Curious to me - Crystal L. Cox - Industry Whistleblower and Investigative Blogger That I Continued digging to see what the big deal was about... turned out that there was over a 100 Billion Dollars in Investment Funds that Richard Chimberg of CL-Media Relations LLC and Randy Whitestone of Neuberger Berman were doing the PR For.. and Turns out they Don't Get Internet PR of the Modern Media Day and Age to well.

So still looking for answers on this I...Crystal L. Cox, Some Hillbilly in the Wilds of Montana not Knowing much about these 100 Billion Dollar Investment Funds and All... And Seeing that Lehman Brothers Holdings Inc. and Proskauer Rose LLP sure did like my post on Richard Chimberg of CL-Media Relations LLC and Randy Whitestone of Neuberger Berman, I Decided to Google .. "Neuberger Berman" "Proskauer Rose" -

Hmmm.. it is starting to Become Clearer to Me now just Whose ASS that Richard Chimberg of CL-Media Relations LLC and Randy Whitestone of Neuberger Berman were being Paid those Big Bucks to Protect. And just How Deep that Blogger Scat Is that Richard Chimberg of CL-Media Relations LLC Stepped In.

It is Still a bit unclear who got or hid, what on this deal.. who got that interest money on a 100 Billion Dollar Plus Investment that Closed in May 2009 and NOT in "Early 2009".

I wonder who got hundreds of millions of Dollars, Where it is and what is Really going on with this story... and why in the World would Richard Chimberg of CL-Media Relations LLC put Mad Dog Blogger Crystal L. Cox on the Scent of this Story by Emailing me and Demanding I remove or change a post that was a Direct Quote from a Financial News site, and the Change Richard Chimberg of CL-Media Relations LLC wanted me to make did not even make sense to me.

Did Richard Chimberg of CL-Media Relations LLC even Google Me Before he Attacked?

Did Randy Whitestone of Neuberger Berman know that Richard Chimberg was Emailing me and Throwing around the Name Randall Whitestone as If I Should Know who that is????

Did Richard Chimberg GET that I was simply Researching Proskauer Rose and that this Neuberger Berman thing WAS really no big thing to me, he would have... HAD Richard Chimberg done his homework. I sure hope he Does PR for FREE or as a HOBBY as I DO...

So What We have is Mystery around Possible Bankruptcy Corruption, Possibly FTC Fraud, or SEC Fraud... we have someone getting "undo riches" .. we probably have a Corrupt Bankruptcy Trustee in here somewhere and Some Serious Mis-Appriated Funds Probably now at Proskauer Rose Caribbean Division or Invested in the London Expansion...

I Don't Know what all this Means.. However With Proskauer Rose LLP Proskauer Rose Negotiating the Neuberger Berman Sale - you know there is Dirty Deals and Corruption Somewhere - I mean if Proskauer Rose Law Firm Can STEAL a Trillion Dollar Patent through a bankruptcy court proceeding ... well then it seems to me that Proskauer Rose LLP knows their way around The Bankruptcy Courts, the Bankruptcy Laws and Knows just who to Pay off in what Places.. in order get What Proskauer Rose Wants.

Stay Tuned for LOTS more on Just what Proskauer Rose LLP's Connection is to the Neuberger Berman Sale - REALLY and how much money they made, who hid what money where and What is Really Going on with all this...

Got a Tip ???
Crystal@CrystalCox.com
Crystal Cox Blogs

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Neuberger Berman Sale - Proskauer Rose partners James Gerkis, Rima Moawad, Peter Samuels, Jeff Levitan, Mike Sirkin, Stuart Rosow and Mike Album

Proskauer Rose partners James Gerkis, Rima Moawad, Peter Samuels, Jeff Levitan, Mike Sirkin, Stuart Rosow and Mike Album represented the management group in the Neuberger Berman Sale - Stay Tuned to This Blog for Lots More on Proskauer Rose LLP's Connections and Conflicts of Interest on the Neuberger Berman Sale.

Just Who is "The Management Group" - Names and Player... ??
Coming Soon..

All Good Bankruptcy Heists need a Cooperative Judge Right?

Well here on the Neuberger Berman Sale we have Bankruptcy Judge James Peck -
Few Links On Judge James M. Peck ...

http://www.bankruptcymisconduct.com/new/index.php/people/the-bitchslapper.html

"" Remember "Justice" is just in the title of a government department which is infiltrated with revolving door crime family members. Not all of the DOJ lawyers are corrupt. But enough of them are corrupt for all sorts of corruption to prevail.

Like when a "bitch slapper" escapes even a slap on the wrist. Hey feminists: Are you full of hypocrisy? Are the BigMedia writers who cover womens issues beholden to the powers that be? We can only wonder if main stream journalists are essentially silent on obvious corruption and hypocrisy in the Judiciary and prosecutors offices in exchange for money, or for get out of jail cards of their own.

“It’s tragic, but you can count on Judge Peck and his peeps to cover things up” Yeah, any time Pecker the BitchSlapper roughed up a hooker, he was protected. Of course, the time always comes to repay the neo-mafia a favor...

And in a simply shocking "coincidence", we find this great honorable man of wisdom, intellect, and temperament wrongly and unjustly juxtaposed against tangential allegations of an excessive discount to the buyers of assets in the largest bankruptcy case ever (surpassing even WorldCom in size, and perhaps fraud) in re: Lehman Brothers Holdings Inc., lead case number 08-13555, U.S. Bankruptcy Court, Southern District of New York in Manhattan.

It's a number of BigLaw bankruptcy lawyers who are arguing what smells like "teen fraud" about the windfall in the Barclay's Bonanza..

You really need to check out the Judge Peck Download Section. It seems some creditors figured out that the negotiators working for Lehman sold the assets at a discount so high that the non U.S. bank, Barclays PLC, got a windfall of up to $10 Billion dollars. Afterwards, a number of the "negotiators" got jobs at Barclays. Hmmm....

Judge James Peck ... said in June that it was "conceivable mistakes were made" in the Deal ""
Source
http://www.bankruptcymisconduct.com/new/index.php/people/the-bitchslapper.html
Seriously Awesome Website - Take a Good Hard Look

So who were this "Negotiators" ? Well Lead Attorney Fraternity with HUGE Connections in the NY Supreme Court and Basically so Many Connections that Above the Law" is a "Standard of Practice" - that Would be Proskauer Rose LLP.

And What Proskauer Rose Wants, Proskauer Rose Gets.

The Lehman Bankruptcy - the Judge Peck Download Page ... Click here .. Talks about Deliberate "Undisclosed $5 Billion Discount" and "Deliberate Understatement of Assets" - the Neuberger Berman Sale Reeks of Corruption and Dirty Deals. No Wonder Richard Chimberg PR Guy wanted to Shut me Up...

Neuberger Berman Sale - Corrupt DOJ, Corrupt Judges, Back End Deals, Attorney Conflicts of Interest, Bankruptcy Court Corruption, Lehman Brothers Holding ...

posted here by
Crystal L. Cox
Investigative Blogger

Check Out www.BankruptcyMisconduct.com

and www.ProskauerSucks.com

Crystal Cox Blogs

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