Is there any Reason what so ever to suspect foul play in the Summit 1031 Bankruptcy? Or Was Blogger Crystal Cox making it ALL up, Simply to Defame and Innocent Millionaire?

This quote has been online for years, yet David Carr of the New York Times can find no one but me that was exposing his Saint Padrick, DO YOUR HOMEWORK.

"Originally, Padrick told the principals "back in December, there were several things Obsidian put forth they could do for the shareholders…move quickly, engage the insurance companies almost immediately, and work fast enough perhaps so they could preserve some exchanges.

At that time, the 45-day date (exchanger deadline on identification of replacement properties) had not passed. The shareholders spent a week or so putting together all of the information they could with hopes this thing would move forward quickly. Larkin said, “We’re seeing absolutely no results that you put forth you were going to bring to the table…

We have put out $100,000 (Obsidian’s retainer) of exchanger money, essentially, and we’re seeing nothing from it…”

Summit was filing chapter 11 bankruptcy as debtor in possession with a Chief Restructuring Officer in charge. Obsidian was supposed to be reporting to and acting at the instruction of the CRO, (Terry Vance) per the contracts signed.

The principals worked hard to compile all of the information for Obsidian on the properties (they owned personally) they were willing to give to the bankruptcy estate. Obsidian left and did not come back. Instead, Padrick took this priviledged information to the other side (creditors' committe), presented it as his own, and sold himself to the other side.

 His company, Obsidian, is charging the estate $184K to bamboozle the principals and land their Senior principal a bigger and more profitable job as bankruptcy trustee. Other things I have caught Padrick and his legal counsel, Tonkon Torp, doing are as follows...

1. Charging fees that are not allowed pursuant to code section 330. I wrote an indepth objection to the fees if you would like more information on this. (duplication of services, charging much more than a comparable property, charging for time to violate provisions in the operating agreement and bully people around).

2. Betrayed my dad and his partners (they are willing to sign a complaint) by revealing confidential information to the other side.

3. Tonkon Torp attorney, David Aman, said Padrick was going after governance rights of Oregon Limited Liability companys outside the courtroom. When asked by Judge Dunn in the courtroom, Aman said that he was only going after the rights of the shareholders.

4. The debtor in possession bankruptcy was supposed to cost appox 435K. Now we are into this for only 5 months and have attorney and professional fees are at 2 Million.

5. Padrick filed a document with the Oregon State Corporation Division under false authority which I am told is a civil misdemeanor.

6 Padrick seized bank accounts without proper authority.

7. Padrick & Tonkon Torp have made everyone scared of them because of their bullying antics.

8. They were supposed to help with finalizing the 1031 exchanges that were in place at the time Summit declared bankruptcy. His company did nothing which resulted in escalated damages due to failed exchanges, and their tax consequences.

9. Padrick knowingly tells half truths to the public to help support his claim that this was a Ponzi scheme and/or embezzlement. He knows there was no Ponzi scheme and/or embezzlement, but he has too much riding on this allegation to do anything other than lie about it.

10. Instead of working with me, he is harassing me and I don't have enough money to defend myself, my company, my investments, and my children's college savings. Padrick has 6 Million of Summit's money and is using that to harass about 106 innocent parties in an attempt to take their investments away to make more money.

There is a website I have that will have more information on this case. The website is www.summit1031bkjustice.com.  "

Source of Above Quote
http://www.aspecialdayguide.com/shyster/padrick.htm

This has been online for years

Do Your Homework. And Note Tonkon Torp Law Firm was involved in what I was helping to expose, as was the Portland Elite Law Firms of Perkins Coie, Miller Nash, and Sussman Shank. And Portland Oregon Bankruptcy Judge Randall Dunn and Pamela Griffith, Department of Justice Trustee Portland.

Objection to the Fees, Summit Bankruptcy

http://www.ObjectiontoFees.com/
the Filing to Object to Outrageous Fees, Meeting Videos, Depositions, Court Audios and More

Obsidian V. Cox Trial Transcripts where I ask about Summit
http://www.docstoc.com/docs/117800653/Obsidian-V-Cox-Trial-Transcripts

I want to Sue Tonkon Torp Law Firm, if you can represent me on contingency, email me at Crystal@CrystalCox.com 

Blogger Crystal Cox was ALWAYS Reporting the Summit Bankruptcy Story, and Never Defamed Anyone. Crystal Cox Blogger was bringing you the News of what people inside the Summit Bankruptcy were Experiencing, Seeing. And the Documents, Audios and Videos to Back This UP. Obsidian Finance Group and Tonkon Torp Law Firm are NOT Innocent.

Stephanie DeYoung, Bankruptcy Whistleblower, Summit Bankruptcy Insider. 

The Department of Justice Trustee that Appointed Kevin Padrick as Trustee, at the EXTREME pressuring of Judge Randall Dunn, as we easily Note in the Audio, Pamela Griffith, she worked with Leon Simson of Tonkon Torp at a previous Law Firm and this conflict of Interest was duly noted in the Objection to the Fees in the Summit Bankruptcy filed by several insiders. This was also an Objection to the Fees of Obsidian Finance Group and with VERY Valid Reasons.

Pamela Griffith, Leon Simson and Kevin Padrick also all worked together at Miller Nash? Did Pamela Griffith's boss, the US Trustee Know all This?  This is Serious and no one was or is paying attention to what goes on with the Creditors money in Bankruptcy Courts.

This is an issue that is Of Public Concern, your Tax Dollars Pay Pamela Griffith, Department of Justice Trustee and Judge Randall Dunn and this ALL has been something that both Stephanie DeYoung, Bankruptcy Whistle Blower and Investigative Blogger Crystal Cox have been shouting from the rooftop for 3 years.

We should be able to file a Qui Tam Lawsuit, a Whistle Blower Lawsuit under the False Claims act and get a percentage of recovery. If you are a lawyer wanting to represent in this, please email me at Crystal@CrystalCox.com 

The Videos Below have Been Online Since July of 2009


 Part 1 - Summit 1031 BK Reporting by Stephanie Studebaker-DeYoung



 Part 2 - Summit 1031 BK Reporting by Stephanie Studebaker-DeYoung




$469,000 for 3 Months, WoW, Kevin Padrick sure was raking in the dough, and it is now several years later and last I noted at the end of January 2012, the Bankruptcy was Still open and Kevin Padrick was still raking in Money.

Perkins Coie 5 Months, $265,000

Tonkon Torp 3 Months $268,000.


Obsidian Finance Group $184,000. (They Were Supposed to HELP Summit and Instead Obsidian Finance Group Betrayed their own clients. They were suppose to create value. Obsidian Finance Group did not DO what they Said they would.  Instead Kevin Padrick was working to get the Creditors Job)


There was no oversight in the Summit Bankruptcy, Period.

Pamela Griffith, Department of Justice, a Public Figure, WAS not acting in the Highest Fiduciary Honor, instead Pamela Griffith was protecting and serving her "Cronies".  The FBI, IRS, Department of Justice, Oregon Attorney General, US Attorney General NEED to Take another look at all this. It has been brought to the attention of the Department of Justice, the Bankruptcy Courts, Several Federal Judges, Many Attorneys and they all still ignore what went on, even so far as to grant a $2.5 Million Dollar Judgement to the Blogger Exposing the Story, that was really happening to these people involved and for years.

Pamela Griffith, Department of Justice, will be named in a Criminal Complaint and a Federal RICO Lawsuit, that I am filing in the next 3 months. Along with Perkins Coie, Tonkon Torp, Leon Simson, David Aman, David Brown, Patricia Whittington, Judge Randall Dunn, and many others.

 Part 3 - Summit 1031 BK Reporting by Stephanie Studebaker-DeYoung

  

Patricia Whittington of Obsidian Finance Group Signed the Contract for Kevin Padrick, Obsidian Finance Group had with Summit, they all knew what was going on and even when an Insider showed the Department of Justice, Pamela Griffith and the Bankruptcy Judge, Judge Randall Dunn, the Conflicts of Interest, Documents of Proof, these "Officials" in the name of Highest Fiduciary Duty IGNORED what was going on.

Do your homework on the Summit Bankruptcy. This Very Transparent Bankruptcy is how there is so much room for corruption in the Bankruptcy Courts. There is no real oversight, NONE. And oftentimes those in charge are all in bed together raking in massive amounts of money, unchecked by those that your tax dollars pay to provide alleged oversight in the Bankruptcy process.

More Research Links

http://www.objectiontofees.com/2011/12/judicial-proceeding-objection-to.html

Insider Emails in the Summit 1031 Bankruptcy

http://www.objectiontofees.com/2012/01/insider-email-bankruptcy-case-08-37031.html

http://www.objectiontofees.com/2012/01/insider-email-bankruptcy-case-08-37031.html

http://www.objectiontofees.com/2012/01/kevin-padrick-email-to-steven-hedberg.html

http://www.objectiontofees.com/2012/01/kevin-padrick-claimed-at-one-time-that.html

http://www.objectiontofees.com/2012/01/possible-104a-bankruptcy-code.html

http://www.anonymous-insider.com/media/090211.wma
Audio of Court Hearing "Suggesting" Obsidian Finance Group

http://www.youtube.com/user/SAIBankruptcy






Summit1031BkJustice.com, From Stephanie's Blog, Stephanie DeYoung Whistleblower, Obsidian Finance Group, Kevin Padrick, Oregon Bankruptcy Courts, Perkins Coie, Oregon Shield Laws, Freedom of Speech, First Amendment, Tonkon Torp Law Firm, Patricia Whittington, Obsidian Finance Group LLC Vs. Crystal L. Cox, Obsidian V. Cox, Shield Laws, First Amendment Lawsuit, Defamation Lawsuit.