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Ex-LeClairRyan GC Hit With Criminal Obstruction Charge
Law360 (July 15, 2021, 9:38 PM EDT) Federal prosecutors hit LeClairRyan s former general counsel with a criminal obstruction charge Wednesday, claiming that the disbarred attorney impeded a U.S. Trustee Program proceeding in 2019, the same year he was accused of misappropriating funds from a bankrupt title insurer s trust.
Bruce Matson, who was disbarred last year amid allegations that he misappropriated $2.5 million from the LandAmerica Financial Group s trust, is charged with one count of obstruction of an official proceeding related to his time as the trust s fiduciary. A plea agreement hearing has been scheduled for July 22, according to the case docket.
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எங்களுக்கு-அறங்காவலர்-ப்ரோக்ர்யாம்
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(Reuters) - Retired U.S. Bankruptcy Judge Cornelius Blackshear, who was involved in notable Chapter 11 cases from Pan Am to Johns Manville, died on June 10 following a stroke-related illness. He was 81.
REUTERS/Chip East
Before sitting on the Southern District of New York bankruptcy bench from 1985 until 2005, Blackshear worked for the U.S. Department of Justice’s bankruptcy watchdog, the U.S. Trustee Program. In 1983 he became the first Black U.S. Trustee, according to a statement from Fordham Law School, where he earned his law degree and later taught.
Blackshear represented the U.S. Trustee program in the 1982 case of manufacturer Johns-Manville, the largest company to ever seek bankruptcy at that time. That case, prompted by thousands of lawsuits alleging asbestos-related illnesses, made history for resolving the asbestos claims through the creation of a $2.5 billion trust to pay out victims.
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Justice Department objects to National Rifle Association s bankruptcy plan By Khristopher J. Brooks NRA files for bankruptcy
The U.S. Department of Justice is objecting to the National Rifle Association s bankruptcy plan, pointing to what the agency says is mismanagement of funds by leaders of the gun advocacy organization.
Lisa Lambert, assistant U.S. Trustee in the DOJ s Trustee Office, said Monday during the NRA s bankruptcy case in Texas that the group s longtime CEO, Wayne LaPierre, used NRA funds for his own purposes and failed to properly safeguarded the group s financial records. The record is unrefuted that Wayne LaPierre s personal expenses were made to look like business expenses, she said in a hearing in the United States Bankruptcy Court for the Northern District of Texas.
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