<BLOCKQUOTE>quote:</font><HR>Originally posted by Gail:
RCI has a new business. I got a letter today that said I was a valued customer. I believe they are selling glue, tape and CMC parts. I think this is a miracle since this company did not claim enough assets in the bankruptcy court to pay their debts.
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First... I know you are one of Marvins most valued customers right?? The same one he threatened to sue for posting all of those "lies" about him and his company. His capacity for forgiveness is quite grand, eh?
Ok guys... Here is the exact words from a copy of the chapter 7 proceedings I received from the US Bankruptcy court in Seattle Washington. Actually from Judge Overstreet's office.
"This matter came before the Court on the written requests of Anita Royce and others for an investigation into the activities and transactions of the debtor in his individual capacity, and as the president and sole shareholder of Regal Crown Industries, Inc., a debtor under Chapter 7 in case number 01-04371. The court makes the following findings:
1. The debtor filed this Chapter 7 proceeding on April 17, 2001. The deadlines for objections to his discharge under Bankruptcy code SS 727 and 523 is September 10, 2001. Nancy James is the duly appointed trustee in this case and has filed a no-asset report.
2. Regal Crown Industries, Inc. ("Regal") filed a Chapter 11 proceeding on April 17, 2001. Mr. Brecht, the debtor herein, is the President and sole shareholder of Regal and is therefore an insider of Regal. Regal's Chapter 11 proceeding was converted to a case under Chapter 7 on June 6, 2001. Bruce Kreigman is the duly appointed trustee in that case.
3. The court has received numerous letters from creditors of Regal alleging that Mr. Brecht engaged in fraud in connection with his operation of the Regal business, both before and after the bankruptcy filing. These creditors do not appear to be listed as creditors in Mr. Brecht's personal bankruptcy proceeding, thus they have not received notice of the time for objecting to Mr. Brecht's discharge.
4. Due to a clerical error, Mr. Brecht was discharged on August 7, 2001 in violation of Bankruptcy Rule 4004(c)(1). By order dated August 23, 2001, that discharge was vacated.
NOW, THEREFORE, on the basis of the foregoing, the Court ORDERS as follows:
A. Pursuant to bankruptcy code S727(c)(2), Nancy James is ordered to examine the acts and conduct of the debtor, Marvin Brecht, to determine whether a ground exists for denial of discharge, including without limitation, any ground under Bankruptcy Code S 727 (a)(7).
B. Nancy James shall move prior to September 10, 2001 pursuant to Bankruptcy Rule 4004(b) for an extension of the time to object to Mr. Brecht's discharge as necessary to give creditors sufficient time to exercise their rights under Sections 727 and 523 or to afford the Trustee additional time to complete her investigation under Bankruptcy Code S 727(c)(2).
C. The Trustee shall attempt to determine if there are additional creditors who should be added to the matrix in this case for notice purposes based upon the letters that have been received by the Court in the Regal bankruptcy case.
Dated this 24th. day of August, 2001.
signed: Karen A. Overstreet
US Bankruptcy Judge
This was sent to me and 11 other framers who filed a proof of claim form with the court so our side of this mess could be heard. Up to that point, the court only had Marvin's side of this. By our letters, we have made the judge aware that something other than just a "Poor me, I'm a bad businessman and I need refief from my debts" explanation from Marvin is going on. EVERYONE who has had or is still having problems with their Mat Maestro mat cutter needs to contact the court and make them aware of your problems. This can only help us all in our battle against Marvin and also against the leasing companies who are threatening some of us with suits for the balance on a machine that doesn't work and never did work properly.
Sorry for the length of this grumble, but I feel it is important that you all know exactly what is going on. This is the latest I have received from the court. A couple of framers have contacted the FBI and they have expressed an interest in this case and they are looking into it, also. Feel free to contact your local FBI office with your story as well. I'm calling mine tomorrow. Thanks.
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