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RATHBUN JUNE 18, 2013 HEARING UPDATE

RATHBUN JUNE 18, 2013 HEARING UPDATE

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Published by Roy Warden
Rathbun Landlord-Client-Creditors Can Bend Over And Grab Their Ankles: They're About to Get Screwed!
Rathbun Landlord-Client-Creditors Can Bend Over And Grab Their Ankles: They're About to Get Screwed!

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Categories:Business/Law
Published by: Roy Warden on Jun 24, 2013
Copyright:Attribution Non-commercial

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07/13/2013

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ARIZONA COMMON SENSE
An Exercise in Aggressive, Non-Partisan Political Activism
 
June 21, 2013Volume 1, Number 32
THE PROPOSED RATHBUN “DEAL” TO FINALIZEBANKRUPTCY PROCEDINGS
 June 21, 2013Dear (Former) Rathbun Clients:Prior to the Rathbun Bankruptcy Hearing on June 18, 2013 manyof you informed me, in sum and substance:“I don’t understand the Rathbun Proposal. What does it allmean?”Guess what? On June 18 the Bankruptcy Judge, well versed inlegalese and highly experienced in the reading of intentionallyconfusing documents, found it, well… confusing as well.So much so that she (gently) chastised the documents author,Nathan Rothschild, and directed him to produce a more clearlyworded document, forthwith. The bottom line? Here’s what’s now on the table:
1.
George and Bette Glover have pledged to pony up anumber of their personal properties to satisfy your claims,which now add up to some $950,000.00.
2.
 The properties are encumbered; Rothschild expects to(eventually) net some $200,000.00 (plus or minus) fromthe sale.
3.
 That money, added to the Rathbun Realty cash on hand,will be the total amount available for recovery, anddistribution to you.
 
4.
However; prior to distribution, expenses, consisting of attorney and administration fees, will be “skimmed” off the top.
5.
Moreover; an additional $25,000.00 will be reserved forGeorge and Bette Glover to cover medical expenses andfees owed to their criminal attorneys.
6.
Additionally; Rothschild promises to “keep looking” for thecash money taken from the account, (the 1.8 millionwe’ve heard so much about.)
7.
If he finds any, (as of now he has found squat, and the FBIremains silent) THAT money will be added to youreventual distribution.So in other words, Don’t cheer and don’t hold your breath: Grabyour ankles. You’re about to get screwed!Don’t feel bad. Remember my court judgment of $112,000.00 forthe property Bette Glover stole from me in 2006?I can “fergedaboudit.” I get squat, nada, nothing.
WHAT CAN YOU DO?
Put some more pressure on them!Email them and tell them you want an accounting, in writing, of all their efforts to recover your money, including but not limitedto:
1.
 Their notes and the transcripts of their negotiations withthe Glovers, and;
2.
 The reports of the “Special Auditor” or “ForensicAccountant” whom you paid to find out where theembezzled money went.Email your demand to
BOTH
the following: Trustee Trudy Nowaktan@tanowak.com Trustee Attorney Nathan Rothschild:irothschild@mcrazlaw.com

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