David Carr, New York Times: Take A Deeper Look at What the New York Times, David Carr and Forbes is Saying and Support the Victims and NOT the Criminals.

David Carr and Kashmir Hill are NOT Telling the Whole Truth and Nothing But.

Do Not Simply Believe the New York Times, David Carr and Forbes because they are bigger then me, and more Established.  David Carr of the New York Times has an agenda to keep down New Media and David Carr of the New York Times has an Agenda to keep Woman in their place.

David Carr of the New York Times and Kashmir Hill of Forbes Seem to think it prudent to NOT print my side of the story regarding the now "infamous" email.  And David Carr and Kashmir Hill have no accountability, and David Carr keeps attacking my character though a Judge and Jury already has "punished" me.  Why?  Is David Carr the Eye for an Eye Police? Well this is to attack all bloggers, and to avoid doing research on the real story, of the real crimes. David Carr is a Lazy, Ignorant Journalist.

David Carr and Kashmir Hill get to claim protection under laws that don't apply to bloggers.  So David Carr and Kashmir Hill can legally say what they want about me, set me up, post flat out lies and have no accountability, as they demand accountability from me. Of which a Judge and Jury has already handed out.

David Carr and Kashmir Hill simply take the word of Kevin Padrick and his Attorney David Aman, who were both involved in the Summit Bankruptcy.  David Carr and Kashmir Hill need to discredit me so that my accusations are not taken serious.  Thing is the Department of Justice, FBI, and all other authorities ignore the real details of the bankruptcy courts and guys like Kevin Padrick have no oversight what so ever, even though they claimed they did. The Summit Bankruptcy should be VOID from the Start.  Kevin Padrick worked for the company that went bankrupt to help them Form a Plan of Reorganization, this is a signed contract between Summit and Obsidian Finance Group and then Kevin Padrick was a Trustee working on the other side, against them.

David Carr and Kashmir Hill seem to NOT want to Read anything and claim that Kevin Padrick has no one else that has had an issue with him, and has not been in any other similar situation.  The Truth is the Summit Bankruptcy had an Objection to the Fees filed by several insiders, in this there were emails between the Department of Justice Trustee, between David Aman and Robert Opera - one of the attorneys involved and Opera suggested issues of deferred gain, there was also tax exhibits and tons more and I had read this over and over, it was a public document and had been online for years, the court would not accept this as a source even though it was a source and that was the truth.  The Truth seemed to be irrelevant.  Here is the Objection to the Fees in the Summit Bankruptcy.

http://www.obsidianfinancesucks.com/2011/12/judicial-proceeding-objection-to.html
..has David Carr and Kashmir Hill read any of the documents?

Internal Emails In the Objection to Fees, has David Carr and Kashmir Hill read any of the documents?

https://docs.google.com/document/d/1CwWgyxFNljyhDmrl8-YfDfNuRKPtDmcwUw7-LNDLysU/edit?hl=en_US&pli=1

eMails between Jeanette Thomas, Perkins Coie and Mark Neuman Summit

https://docs.google.com/document/d/1fu2PsbRCqT3XSwYeSyfD2WRh256dbnM-maLnqy5XK_Y/edit?hl=en_US
... has David Carr and Kashmir Hill read any of the documents?

David Aman, Tonkon Torp was involved in the Summit Bankruptcy and in my Case David Aman represented Kevin Padrick to not only defend Obsidian and silence me, but also to protect Tonkon Torp Law Firm and their Involvement.  David Aman had knowledge of deferred gain issues and ignored it.
https://docs.google.com/document/d/1J4dSs5S2e-B3cZjiT7AZ8-aoxse0qoTEhHxSzMzwmX4/edit?hl=en_US

Here is the Deposition of Summit Principal Mark Neuman
http://www.obsidianfinancesucks.com/2011/12/summit-accomodators-mark-neuman.html
...has David Carr and Kashmir Hill read any of the documents?

Here is the Contract Obsidian Finance Had with Summit, the Debtor BEFORE they HAD to go bankrupt, AFTER calling Obsidian Fnance Group, Kevin Padrick to Help them so they did not have to go bankrupt.
https://docs.google.com/document/d/1O_Et0IHaUuQnAnQ9nblox4mzJxc_GIP_wuUF3vA-9-s/edit?hl=en_US
.... has David Carr and Kashmir Hill read any of the documents?

Below is a Meeting in Video, of Kevin Padrick of Obsidian Finance Group with Summit, who later became the Debtor and Kevin Padrick later became the Trustee working against his own client, Kevin is on the far Right.
http://www.youtube.com/user/KevinPadrick
...has David Carr and Kashmir Hill read any of the documents?


Other Documents of Source ... has David Carr and Kashmir Hill read any of the documents?
https://docs.google.com/document/d/1Ayq9PQ6a32_I-AdvLAlBS9HcxWvXIcTK1lsEMA7clQ8/edit?hl=en_US

Kevin Padrick Rejecting Offers...has David Carr and Kashmir Hill read any of the documents?
https://docs.google.com/document/d/1IAH9w9wBVAMG6dCaGXIsRkZkLDApo1osDdH-x1ZxYIY/edit?hl=en_US

Summit Press Release...has David Carr and Kashmir Hill read any of the documents?
https://docs.google.com/document/d/1zYfrM_1XnQwcao3i4wZJhB8aXyPoJb_oLh1j5PEPUSo/edit?hl=en_US

Also a Third Party Blog was My Source and the Judge said that was irrelevant, as I was responsible for if it was true and all bloggers do that.  My case a perfect example, thousands of you reposted the Seattle weekly article and it had information that was WRONG.  Your all liable under this judgement.  Third Party blogs are protected but not for me.
https://docs.google.com/document/d/1C8c37jl8cwkfLvcbm_bKnm3lpsfz4SfrHePPjcvB83s/edit?hl=en_US

David Carr ignores that HomeStreet Bank in Washington filed an Objection to the Fees Against Kevin Padrick also, with Claims of Conflicts with Miller Nash and Over Billing, Summit is not an Isolated case and none of it was my story.
https://docs.google.com/document/d/1tstf6BAeXFHFmMaFodmURp6uUDWm6U1SqeqBu2HgSvw/edit?hl=en_US

Lake County Oregon has a Group to Fight Back and Obsidian Finance Group is at the center of this battle, here is one of the letters from the Oregon Solar Development Battles.
https://docs.google.com/document/d/1gFKNVdnKvPUkHo3WUjxvyxUN4mCaMXpeuqXy7W9fV2c/edit
...has David Carr and Kashmir Hill read any of the documents?

I Told Their Story, it Was not My Story. I wanted to get them heard and to protect others it was or may happen to in the future. David Carr and Kashmir Hill have NOT read any of the documents? Nor does David Carr and Kashmir Hill have any interest in the facts, truth or my side.  David Carr and Kashmir Hill will be sued by me, Pro Se Blogger Crystal Cox Soon, as David Carr and Kashmir Hill are protecting the Criminals and Protecting the Foothold of Big Media and I DO NOT APPROVE.

Here was my Statement of Source NOT allowed into the Trial
https://docs.google.com/document/d/1HTDv8q9eaMKzZ_8UhKwqhaEs89r6fB6csC5MRRzXZmE/edit?hl=en_US

Here is the Trial Documents I Gave to Show the Source of that One Blog Post
http://www.obsidianfinancesucks.com/2011/12/in-obsidian-v-cox-i-provided.html

So instead of Investigating the Crimes I write about ,and there are tons, they investigate me.  They are scouring my bank accounts, calling my clients, setting me up for alleged criminal activity and basically sending a lynch mob after me, and nothing I can do really but wait for it.  As David Carr continues his rampages to discredit me and even have me a lesson for teens to talk about in New York Schools, all the while Ignoring my side of the story even though he talked to me.  And David Carr ignores that I am not the one accusing Kevin Padrick of these Indiscretions and action, I am simply writing about those who are.

There will be much more on other people, companies that have issue with Kevin Padrick and Obsidian Finance Group at the Link Below, I will add more over time, though David Carr says I am the only one with a Beef regarding Kevin Padrick and Summit. I have tons of documents and information, have for YEARS.

http://www.kevinpadrick.com/

...David Carr and Kashmir Hill have NOT done their Homework, and have defamed me, accused me of criminal activity and posted false information on an email that was between TWO Attorneys, I was Pro Se.. You Will get to defend this in court .. David Carr and Kashmir Hill ..

Quantum Case in this Same Court

https://docs.google.com/document/d/1-p2D4B8WALVm4lHCW9qLBEZfdsOwiB4N7EreEJAOac4/edit?hl=en_US

Conflict of Interest Form that Judge Hernandez Refused OVER and OVER to Sign in my case

https://docs.google.com/document/d/1iaZ2rrhyWaUkgoWJvcU3GO5QzR8YB6WhJ96z52-9OFc/edit?hl=en_US

The Tiffany Craig Case, Yet for Me None of this Applied

http://www.tonkontorpsucks.com/2011/11/tonkon-torp-david-aman-was-part-of.html

This Blog was online and still is

https://docs.google.com/document/d/1M9UtDUPl1d9OpMKWMe_KLQJyJX61rgNbrFsnyzkxesM/edit?hl=en_US

There is lots more information on Summit then Me, I simply got their story found in the search engines.  I hope to Sue Forbes and the New York Times for Endangering my Life and Defamation.  As regarding their version of that email they are accusing me of a crime, giving me no Criminal Attorney and not posting my side.  There were surrounding emails and it was a "Cease Fire" "Negotiation" between 2 attorneys as I was Pro Se.  There is lots more to it.  However David Carr and Kashmir Hill are protected to ruin my life further and gather a lynch mob for something the "bad guy" told them happened, that did not happen quite that way. 

Summit Bankruptcy Filing

https://docs.google.com/document/d/19RQNwEGBMzjMHuHXlZBjsAQf5j_d288UOmvv9sz2b9s/edit?hl=en_US

More Documents of the Case Will be at 

http://www.obsidianvcox.com/

Also to Examine in depth Every mistake that David Carr has ever possibly made, mis-quotes, flat out lies, inspiring a lynch mob, ruining lives without facts and more.. Coming Soon..

http://www.DavidCarrSucks.com/

Note:  Any documents you cannot find on this page and want email me Crystal@CrystalCox.com.  My main source was the Objection to the Fees in Summit and Mark Neuman, Summit Principals Deposition if you want those and can't find them email me.  I was always telling the victims story and the angle David Carr of the New York Times is Running With, as Well as Forbes is FLAT Wrong. I will also soon be posting my story in an easier to understand format, also I will be making demands of the New York Times and Forbes, and at some point file lawsuits against them. I have tons of information, videos and documents if you want the Truth or you can just run with Forbes and New York Times, but remember even if I was guilty of a crime, which I am not, but if I was, then how would that have anything to do with if that post was true or NOT?

Think for Yourself.

Do your Homework.

.. NEVER Ever Believe the discriminating illiterat David Carr and Kashmir Hill ..

Crystal L. Cox
a Big Fan of Reading..
Investigative Blogger..

Read more...

David Aman, Tonkon Torp sure is Making Tonkon Torp Law Firm Look Foolish. As David Aman, Tonkon Torp sues a blogger for information David Aman, Tonkon Torp knows is from another blog. David Aman is suing an investigative blogger to STOP transparency in Federal Bankruptcy Proceeding.

David Aman, Tonkon Torp Attorney for Kevin Padrick of Obsidian Finance Group is costing Oregon Tax Payers Plenty and all to hide the Truth of a 40 Million Dollar Bankruptcy. 

David Aman, Tonkon Torp Attorney for Kevin Padrick of Obsidian Finance Group is suing me for 10 Million Dollars for this Blog Post.  David Aman, Tonkon Torp knows my blogs, and the standard of practice in to which I post.  And David Aman knows that I link to my source blog, and David Aman of Tonkon Torp Law Firm and Kevin Padrick of Obsidian Finance knows the source blog as they have attempted to stop the blog from being up, have had courts remove videos and tried to intimidate and harass the blog author for years.

http://www.bankruptcycorruption.com/2010/12/kevin-padrick-of-obsidian-finance-group.html
10 Million Dollar Post - True or Not? Defamation or Not?

Now David Aman of Tonkon Torp Law Firm and Kevin Padrick of Obsidian Finance Group cannot sue the source blog due to some plea bargain, I believe, so they are suing me for information the know is not money, and making a mockery of the Oregon Court System Yet Again.

David Aman of Tonkon Torp Law Firm and Kevin Padrick of Obsidian Finance Group sued others in the Summit 1031 Bankruptcy to bully them from what I hear and David Aman of Tonkon Torp Law Firm and Kevin Padrick of Obsidian Finance Group sued the State of Oregon over Some Solar Tax law change that lost them jobs allegedly and now I am the latest victim of the wo is me, I can't make another billion from tax payers money.  David Aman of Tonkon Torp Law Firm and Kevin Padrick of Obsidian Finance Group seem to me to be costing the State of Oregon alot of money and are Accountable to No One.

David Aman, Tonkon Torp NEVER asked me to remove this post, nor did David Aman, Tonkon Torp provide me, Legally Defined as Media and an Investigative Blogger with any proof or information that proved this post to be false so that I may consider removing this post.  Oregon Retraction Laws are pretty cut and dried, he never asked and yet is suing me for 10 Million.  That post was not in David Aman, Tonkon Torp's original complaint that cried lost job worth 10 Million, yet WaLa now this post is the reason that poor bully, thug, attorney crony Kevin Padrick of Obsidian Finance lost his Bank VP Job? Is this real in any way?  It makes no rational Sense to me.

This blog post is true to the best of the information I have received, David Aman, Tonkon Torp Law Firm Portland Oregon knows that this post is based in fact, and that it is not my words but instead words from the blog I listed at the bottom of the post, along with my opinion of that information.

Yet somehow David Aman, Tonkon Torp has got a federal court in Oregon to use tax payers dollars and to take me to Trial for 10 Million Dollars when 10 Million Dollars I do Not Have and David Aman, Tonkon Torp refuses to provide any document that prove that the post is not true.  I have only my qualified source to go on, which I got from the source blog which as a standard of practice on my blogs I do on most all of my blog posts.  If the source information is inaccurate then suing me, is simply harassment as I am not the source information for that blog post.  Nor was I asked to Retract that Blog Post.

Also keep in mind the Blog Post David Aman, Tonkon Torp is suing me for on behalf of Obsidian Finance Group Oregon, Kevin Padrick, this post was NOT part of David Aman, Tonkon Torp's original complaint against me as to the reason that Kevin Padrick

http://www.bankruptcycorruption.com/2010/12/kevin-padrick-of-obsidian-finance-group.html

There is a whole lot of details behind the Summit 1031 Bankruptcy that Leon Simson, Tonkon Torp and David Aman Don't want YOU to Know, Do your Homework.

Judge Hernandez in my Oregon Civil Case thus far refuse to Sign a Conflict of Interest form to provide me assurance that there is No Conflict of Interest with David Aman nor Tonkon Torp Law Firm.  Oregon Law should be a matter of fact, and yet Anti-Slap Laws, Shield Laws and Retraction Laws seemed to be denied to me based on the fact that I am pro se and cannot afford an attorney and stated the laws as my defense in the wrong way.  I stated the Anti-Slap Laws in my first court response, yet seemingly because the law was not stated as a correct motion, well the law then does not apply to me.

The point of these Anti-Slap Laws, Shield Laws and Retraction Laws

It is shocking how far Obsidian Finance Group, Kevin Padrick, David Aman and Tonkon Torp Law firm will go, and how many laws they will twist in order to cover up the details of a 40 Million Dollar Bankruptcy.

More on this Case Will continue to be Posted at
http://www.ancerhaggerty.com/
as Judge Ancer Haggerty was my Original Judge in this Case


Also Coming Soon
http://www.leonsimson.com/

AriOkano.com
AlbertKennedy.com
VickiBallou.com
Doni Marmaduke.com
RonaldGreenman.com
IngolfNoto.com
DarcyNorville.com
RyanBledsoe.com
TonkonTorpLawFirm.com
JohnStride.com

Got a Tip on any of these Tonkon Torp Attorneys?
eMail me Crystal L. Cox, Investigative Blogger
Crystal@CrystalCox.com 

Note:  My Source Post and others Like it are Still UP and Yet David Aman, Tonkon Torp is singling me out

http://www.oregonshyster.com/shyster/padrick.htm

http://www.summit1031bkjustice.com/?cat=53

Below is source information as in the 10 Million Dollar Post I am being Sued for, though Bully Attorney David Aman of Tonkon Torp Law Firm FOR Client Kevin Padrick Obsidian Finance Group .. .. KNOW that is NOT my information.. they Selectively Prosecute Me...

Source Details - Also Note in Source Details Much of it is over a Year Old, so  Attorney David Aman of Tonkon Torp Law Firm FOR Client Kevin Padrick Obsidian Finance Group is suing me now for the reposting as the original post is over a year old and past the Defamation Limitations, Plus  Attorney David Aman of Tonkon Torp Law Firm FOR Client Kevin Padrick Obsidian Finance Group KNOW that due to some other legal issue,  Attorney David Aman of Tonkon Torp Law Firm FOR Client Kevin Padrick Obsidian Finance Group .. cannot sue the source blogger - so  Attorney David Aman of Tonkon Torp Law Firm FOR Client Kevin Padrick Obsidian Finance Group sues me, Crystal L. Cox Blogger Instead.

1.  http://www.summit1031bkjustice.com/?p=2947

2.  Mark Neuman Deposition Pg 95 "I guess the other thing was -- Kevin -- Kevin led us to believe that he was bringing financial -- he had these financial partners with deep pockets, and that he could do -- bring in some money in the interim.  That was the last we ever heard of it."  http://www.summit1031bkjustice.com/?p=2650

3.  http://www.summit1031bkjustice.com/?p=2716

Around 12/7/08 – Kevin Padrick meets with Summit Principals – Well yes they did. Kevin Padrick was recommended to one of the Principals by a Bend Developer as a guy who could help solve Summit’s proplems.  You see Kevin Padrick met with the Summit principals in early December 2008. By talking with the Summit Principals about this meeting, it looks like Kevin was more than willing to help them with their liquidity crisis. Kevin Padrick said his company, Obsidian Finance Group, LLC, specialized in helping save distressed businesses like Summit Accommodators, Inc. Good news right? Kevin Padrick said he had financial partners with DEEP POCKETS who would help fund the short-term liquidity issues.

At this meeting, Summit Principals explained the business of short-term lending, told Kevin Padrick about the properties they were willing to hand over and about the $14 Million of cash that was in the Summit bank account. At no time during this meeting did Kevin Padrick even mention the words fraud, ponzi scheme, embezzlement, or illegal.

12/19/08 – end of December 2008 – Summit Principals gathered all the information and willingly gave it to there supposed saviors, Obsidian Finance Group. Ewan Rose, said thanks, we will get you our proposal within the week. No proposal was ever delivered.

Early February – Kevin Padrick makes a presentation to the Creditors’ Committee. What? Thought they were supposed to be getting the proposal to the CRO and Principals, NOT the creditors??? Jeez this stuff is so confusing.

4.  http://www.summit1031bkjustice.com/?p=2439

5.  http://www.summit1031bkjustice.com/?p=2415

6. http://www.summit1031bkjustice.com/?page_id=2682 -

Why hasn’t he released it when holding the Summit Principals’ interests’ will cost the Bankruptcy estate $200,000? See the calculations(Exhibit F9).  *****

7.  http://www.summit1031bankruptcy.com/2010/08/is-kevin-padrick-avoiding-taxes.html

8.  http://www.summit1031bkjustice.com/?p=2852

Summit 1031 Assets on 12/19/08 (Time of Filing Chapter 11 – Debtor In Possession Bankruptcy)

Cash                                                               $14 Million

Bond                                                              $10 Million

E&O                                                                $3 Million

Note Receivable Steve White                        $1.2 Million

Notes Secured by Real Property

and Summit Principal Real

Property Investments                                     $11.5 Million

Summit Principal Interests’

In Business Interest                                           $1 Million

Read more...

TerreStar Corporation Bankruptcy Courts - Conflicts of Interest, Hiding Evidence, Deny Shareholders Rights?

ORDER DENYING REQUESTS OF JEFFREY M. SWARTS - TERRESTAR NETWORKS INC.

" JEFFREY M. SWARTS - TERRESTAR NETWORKS INC., Tracy Hope Davis - U.S. Trustee - Southern District of New York - TerreStar Corporation Shares - Material Documentary Evidence Request - Evidence Suggests Debtors and Certain Creditors HAVE Colluded - AN "Engineered Bankruptcy - Bankruptcy Fraud on the Courts

What Relationship Does "Susan Golden" have with "Daniel Golden" - U.S. Trustee Deirdre Martini, is there any Connection or Collusion? What is the Conflict of Interest Connected to AkinGump ?

Sirius Satellite Radio Stock - What is the Conflict Here ?

Who is Watching over the U.S. Bankruptcy Courts?

NO One is Watching - NO One !!!!

"ORDER DENYING REQUESTS OF JEFFREY M. SWARTS

Upon the requests submitted to this Court by pro se litigant Jeffrey M. Swarts,

attached hereto (the “Request”), and the response of the United States Trustee attached hereto,

the Court hereby denies the Request for

(1) failure to allege a prima facie entitlement to relief and

(2) failure to comply with the local and federal rules for the filing and serving of pleadings,

including, inter alia, Federal Rules of Bankruptcy Procedure 5005, 9013, 9014 and Local

Bankruptcy Rules 5005-2, 9006-1, and 9013-1.

IT IS SO ORDERED.

Dated: New York, New York

November 23, 2010 "

"The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal taxpayeridentification

number, are: TerreStar New York Inc. (6394); TerreStar Networks Inc. (3931); Motient

Communications Inc. (3833); Motient Holdings Inc. (6634); Motient License Inc. (2431); Motient Services Inc. (5106); Motient Ventures Holding Inc. (6191); MVH Holdings Inc. (9756); TerreStar License Inc. (6537); TerreStar National Services Inc. (6319); TerreStar Networks Holdings (Canada) Inc. (1337); TerreStar Networks (Canada) Inc. (8766) and 0887729 B.C. Ltd. (1345). "

Source of Post and Full Document

http://www.bankruptcycorruption.com/2011/02/terrestar-corp-bankruptcy.html

Federal Rules of Bankruptcy Procedure 5005, 9013, 9014 and Local

Bankruptcy Rules 5005-2, 9006-1, and 9013-1.

Got a Tip on the TerreStar Bankruptcy?

Crystal L. Cox

Investigative Blogger

Crystal@CrystalCox.com

Read more...

Aventine Renewable Energy Bankruptcy

Aventine Renewable Energy Bankruptcy - got a Trustee Tip, Corruption Tip - Suspected Foul Play, overcharging.. Fraud?

eMail Me

Crystal@CrystalCox.com

Reasearch Links

http://www.aventineinfo.com/

http://www.deb.uscourts.gov/

http://www.aventinerei.com/pdfs/-Aventine_Press_Release_-_Emergence.pdf

Read more...

TerreStar Corp. - TERRESTAR NETWORKS INC., Dish Network - Harbinger Capital. Charles Ergen - Philip Falcone

TerreStar Corp., DBSD North America Inc., TERRESTAR NETWORKS INC., DBSD North America Financials,

So Harbinger Capital and Dish Network are going to Bid on assets in the TERRESTAR NETWORKS INC. Bankruptcy? hmmm. .. wonder who will win ??

Got any Inside tips on this Bankruptcy?

Crystal@CrystalCox.com

Coming Soon, Trustees, Bankruptcy Judge, and all the back alley deals of this bankruptcy.

Research Links

Falcone's LightSquared May Bid for TerreStar, DBSD, "Feb. 4 (Bloomberg) -- Philip Falcone's LightSquared wireless venture is considering bidding on satellite companies TerreStar Corp. and DBSD North America Inc., according to two people with knowledge of the company's plans. Bloomberg's Julie Hyman reports."
http://www.bullfax.com/?q=node-falcones-lightsquared-may-bid-terrestar-dbsd

ICO Global Communications

DBSD North America is a subsidiary of ICO Global Communications. DBSD is currently being restructured, which will result in ICO Global becoming a minority ...

http://online.wsj.com/article/SB10001424052702304898004575556460087350910.html
TerreStar Corp., the mobile communications business trying to launch a far-reaching wireless network using satellite smart-phones, is preparing a possible bankruptcy-protection filing.

http://terrestarinfo.com/pdflib/147_15446.pdf
"UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF NEW YORK"


TerreStar Corp. Sued by Finnish Supplier for $25.8M
http://www.spacenews.com/satellite_telecom/101122-terrestar-sued-supplier.html

http://www.faqs.org/sec-filings/101022/TERRESTAR-CORP_8-K/

Dish Network to Buy Satellite Firm for $1 Billion
Dish Network Corp. agreed to buy satellite company DBSD North America Inc., which is operating under bankruptcy protection, for about $1 billion, as Dish Chief Executive Charles Ergen moves to bulk up his wireless spectrum.

DBSD, a Reston, Va., unit of ICO Global Communications Holdings Ltd., is developing a system that combines both satellite and terrestrial communications capabilities for wireless voice, data and Internet services.

Dish said it will provide a debtor-in-possession credit facility to DBSD that will consist of a term loan of $87.5 million. A hearing on the agreement, which comes after Dish lost an appeal to overturn DBSD's bankruptcy plan, has been set for Feb. 15."

Source and Full Article
http://online.wsj.com/article/SB10001424052748703445904576117913388112574.html

ICO Global Communications - DBSD North America Financials

DBSD North America Financials (formerly ICO North America, Inc.) ...
investor.ico.com/financials-ina.cfm

Falcone's LightSquared May Bid for TerreStar, DBSD

4 (Bloomberg) -- Philip Falcone's LightSquared wireless venture is considering bidding on satellite companies TerreStar Corp. and DBSD North America Inc., ...
Bloomberg -

Dish Network To Buy Satellite Company DBSD For $1B

Wall Street Journal

Hmmm.. Well Guess We Shall See who Controls the FCC Now..
"The DBSD deal, which also includes interest accruing on DBSD's debt, needs approval from the Federal Communications Commission and is subject to DBSD's emergence from bankruptcy.

http://online.wsj.com/article/SB10001424052748703445904576117913388112574.html#ixzz1DAJ6ObeU

This Bankruptcy is a VERY Big Deal - Pay Attention...

TerreStar is a Big Deal in Satellite Cell Phones, Networks and well this Bankruptcy had better not have the usual bankruptcy corruption or "Monopolies" could Be created in a way that may not be seen by just everyone.. I will be digging deep into the TerreStar bankruptcy Soon..

Got a Tip?

Crystal@CrystalCox.com

Read more...

Charlie Ergen - DISH Network - Satellite Subscription - Satellite Airwaves Service - National Wireless Broadband Network

Satellite Airwaves Service Provider

"Charlie Ergen Pushing DBSD Fight with Hedgies Into Overtime

By Matt Wirz

It looks like Charlie Ergen swished his shot at the buzzer. But the basket might be whistled a foul.

The satellite-TV mogul (and ersatz TV host) scored in his battle to take over satellite operator DBSD North America, as his DISH Network Corp. announced a deal with DBSD’s in-Bankruptcy Management Team to buy the company for $1 billion.

But a hedge fund group led Highland Capital controls most of DBSD’s debt and it plans to fight the proposal at a hearing on February 15, said sources familiar with the matter.

Ergen’s offer, which combines cash and debt, is the latest twist in a three-year struggle over DBSD’s fate.

While DISH’s offer would pay bondholders back in full, it could take up to a year to land court and regulatory approval, and the buyer could back out at any time by paying a $25 million breakup fee, the people familiar with the matter said.

The funds prefer DBSD to swap its bonds for equity and emerge as a standalone entity in coming months, leaving them in control, as had been previously proposed.

DISH and DBSD declined to comment.

As The Wall Street Journal reported in December, Ergen has been using DISH and Echostar–- the hardware and network sides of his business-– to take over DBSD and TerrestarNetworks, another bankrupt satellite operator.

Both Terrestar and DBSD own licenses to contiguous broadband spectrum that, if combined, would hold far more value than either asset on its own.

Ergen could sell the broadband spectrum to the highest bidder, or use it to offer mobile video or satellite-Internet service.

DISH previously bought up 15% of DBSD’s $750 million bond and $50 million of loans outstanding against the company as a beachhead to take over the company.

The hedge funds that own the balance of the bonds defeated Ergen in bankruptcy and appellate courts by arguing that his status as a competitor to DBSD presented a conflict of interest that disqualified him from voting on how the company’s debt is restructured.

Ergen’s new stratagem to buy DBSD outright neatly turns the tables on the funds.

If the New York State Bankruptcy Court approves a vote on the acquisition, Highland and other holders will be deemed “unimpaired,” thereby losing their right to vote on the plan.

Ergen is fighting a two-front war to control a broadband spectrum dubbed the “S-band” for which DBSD and Terrestar hold exclusive licenses.

If consolidated, the property would provide a viable alternative to the national satellite network billionaire hedge fund manager Philip Falcone is building through his company,LightSquared.

Terrestar also is in Bankruptcy and much of it debt is also held by hedge funds, including Solus Alternative Asset Management and Stark Investments,which are fighting Ergen’s attempt to take over the company.

Echostar owns a much bigger chunk of Terrestar’s debt – over half – and its proposal to swap that investment for a controlling stake has met resistance from the funds who want minority shareholder protections when the company exits Chapter 11.

Ergen is expected to table a modified plan this week and will face off against the hedgies at a hearing on February 16. "

Source

http://blogs.wsj.com/deals/2011/02/02/charlie-ergen-pushing-dbsd-fight-with-hedgies-into-overtime/

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Investigative Blogger Crystal L. Cox Says Trustee Marc Kirschner is Simply Full of Shit..

Trustee Yammer... "Trustee Says Blixseth Doomed Yellowstone Club - What? How Did "Blixseth" Doom Yellowstone Club... Either the "Value" was there to Loan Against OR NOT.. the Lender Committed Fraud it Seems as did NAR and Both are Above the Law.

"Trustee Says Blixseth ‘Doomed’ Yellowstone Club

Creditors of the exclusive Yellowstone Club could share in an extra $286.4 million if a trial that begins today is decided in their favor.

The trustee tasked with rounding up assets to distribute to the Montana ski-and-golf resort’s creditors is facing off with co-founder Timothy Blixseth in a Montana Bankruptcy Courtroom Wednesday, day one of a three-day trial in which Blixseth is accused of “looting” millions of dollars from the club and of failing to meet his fiduciary duty to the resort’s creditors.

In court papers, Marc S. Kirschner accuses Blixseth of siphoning off $209 million of a $375 million loan that Credit Suisse made to the club in 2005.

The funds were put toward Blixseth’s personal benefit, Kirschner alleged, which “doomed” the club to insolvency. The following year, Kirschner said Blixseth took more of the loan proceeds, to the tune of $80 million, when Blixseth allegedly used the cash to buy property for the benefit of third parties under his control. Kirschner is seeking to recoup $286.4 million (plus interest and attorneys’ fees) under a provision of bankruptcy law that allows a company in bankruptcy to take back payments it made while insolvent or with the intent to keep creditors away from the funds.

“The truth of the matter is that Blixseth walked away from the debtors after receiving the benefit of hundreds of millions of dollars, and the debtors received nothing in return, except enormous liens against their property and an obligation to repay a loan that was never meant for their benefit in the first place,” Kirschner’s lawyers wrote. “Blixseth cannot just walk away this time; rather, he must be held accountable for his actions.”

Blixseth, on the other hand, denies the allegations against him. He said he acted in good faith, used sound business judgment and disputes that his actions caused the Yellowstone Club’s financial woes. (The club filed for Chapter 11 Protection in 2008 under the weight of a heavy debt load; it was purchased out of bankruptcy last summer.)

In an interview with the Associated Press, the former billionaire said Tuesday that he was released from all liability related to the Credit Suisse loan under the divorce settlement he struck in 2008 with club co-founder Edra Blixseth (who’s currently in bankruptcy herself). He turned the blame for the club’s crippling debt load on Credit Suisse, blaming the Swiss bank for making him a victim of “a typical hustle” by arranging a “predatory” loan it knew he couldn’t repay, all for the goal of collecting hefty fees (the bank denies the oft-repeated allegations against it, which are currently subject of a separate lawsuit currently pending in a U.S. district court).

“We did borrow the money. I’m the first to admit that,” Blixseth said. “(But) they had no regard for whether the borrower would ever pay this money back.”

Source of Post
http://blogs.wsj.com/bankruptcy/2010/02/24/trustee-says-blixseth-doomed-yellowstone-club/

Just How "in bed with" Credit Suisse was Bankruptcy Trustee Marc S. Kirschner ? What are the Conflicts of Interest, Past affiliations with Marc S. Kirschner and any other Party to the Tim Blixseth, Yellowstone Club Bankruptcy? That Coming Soon.. Got a Tip? Crystal@CrystalCox.com

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Obsidian Finance Group, LLC and Kevin D. Padrick Hires, David Aman Tonkon Torp to Sue Investigative Blogger Crystal L. Cox.

Today, It is Brought to my Attention.. that Obsidian Finance Group, LLC and Kevin D.Padrick is Suing me for Libel... interesting.. Millons of over billing to the Summit Creditors, 15% Commission on all sales, though GOOD for him and not necessarily the Creditors.. , and Obsidian Finance Group, LLC and Kevin D. Padrick is still abusing the Oregon Courts to Control the Truth about Obsidian Finance Group, LLC and Kevin D. Padrick .. Hmmmm..

... and are the Summit 1031 Creditors Paying for this Lawsuit against the "Media" - against Investigative Blogger Crystal L. Cox... ???

Did Obsidian Finance Group, LLC and Kevin D. Padrick sue the Bend Oregon Newspapers, or the Portland Newspapers for what they Wrote on the Summit 1031 Bankrupcty or is this more of Obsidian Finance Group, LLC and Kevin D. Padrick woman hating, discrimination rearing up... as with the 2 year harassment and criminal charges against Oregon CPA and Oregon Bankruptcy Whistleblower Stephanie DeYoung FOR Her Exposing the Financial Facts and Details of Obsidian Finance Group, LLC and Kevin D. Padrick's actions in the Summit 1031 Bankruptcy.

So Not Sure Why, But David Aman of Tonkon Torp sent me a Cease and Desist by eMail, yet apparently files a Lawsuit against me in Oregon District Court but Does NOT bother To eMailme that Lawsuit or to even Let Me Know he Filed It.. Odd Don't Ya Think ?

In the Meantime, we entered into talks of PR Services, during which I had no Idea that Obsidian Finance Group, LLC and Kevin D. Padrick was suing me for Exposing their Corruption in the Summit 1031 Bankruptcy.

How Did Tonkon Torp ., David Aman Decide what Court to Sue Me In? I mean Intellectual Property Laws for the Internet Are Virginia Based Right? And My Posts on Obsidian Finance Group, LLC and Kevin D. Padrick or 2 years were done from MT, OR, WA, ID, HW, CO, UT, and CA .. .so what Court is that Out of ?

You Boys Want a Legal Battle, GOOD... I am Looking Forward to Discovery.. over and over.. Every Dollar.. As the Summit 1031 Bankruptcy has so Much Fraud, Deception, Cover Ups and back alley scandals that have yet to surface.

Coming Soon All Accounting of the Money that Tonkon Torp ., David Aman oh and Odd I Just Noticed that Videos are Dropped from My Sites... the Videos of the Meeting that ProvedObsidian Finance Group, LLC and Kevin D. Padrick BROKE Bankruptcy Laws, Violated the Rights of the Summit Creditors, Pulled a High Finance Bait and Switch AND well Committed Ethics Violations and Possible Fraud... Hmmmm..

Well Guess What Obsidian Finance Group, LLC , Kevin D. Padrick - AND Tonkon Torp - David S. Aman In July of 2009, I Received Copies of those Videos, as I was Helping StephanieDeYoung to Market the Bankrupty Corruption Proof on the Summit 1031 Bankruptcy in Effort to Help the Real Estate Consumer as I had just recently quit the Association of Realtors and was Making a Stand for the Real Estate Consumer. I Posted a Couple .. Here is one Posted in July of 2009.. I have them ALL.. and So Do Several of My Whistleblower Bloggers..

http://www.youtube.com/watch?v=0hQeP4BBfNA

Where did the Videos Go? Why are they just magically Gone?

Whatever Sick and Dirty Deal you Have Pulled in the Oregon Courts, or Bend Oregon District Attorney Pat Flaherty has Done to Help you in Suppressing Information and Silencing aWhistleblower, Well I have Copies of those Videos as do Several Of My Whistleblowers in Several States.. So the TRUTH Will Roar.. and the TRUTH is Certainly Not Libel, Not Slander and NOT Defamation. And this is in NO Way about Protecting Mark Neuman or the Summit Principals, I was Never "In bed with" them in any way. My writing on the Summit 1031 Bankruptcy was about protecting the Real Estate Consumer.

A Man that would put his own Daughter in a Mental Institute to Keep her from Talking to an Investigative Blogger, Well that is the Devil to Me... this is Not about Supporting Mark Neuman, Summit Principal in Any Way.

Get Ready Readers as We Now Enter the Obsidian Finance Group, LLC and Kevin D. Padrick... Tonkon Torp - David S. Aman and Investigative Blogger Crystal L. Cox, Smack Down..

Got a Tip ON Obsidian Finance Group, LLC and Kevin D. Padrick ... Tonkon Torp - David S.Aman ??? Send it on Over... Crystal@CrystalCox.com

*******

So Does Obsidian Finance Group, LLC and Kevin D. Padrick OR Possibly.. David Aman,Tonkon Torp Control Oregon District Court Judge Ancer L. Haggerty? Is there any past history or conflicts of interest with Obsidian Finance Group, LLC and Kevin D. Padrick OR Possibly.. David Aman, Tonkon Torp Control Oregon District Court Judge Ancer L. Haggerty

Got a Tip on Oregon District Court Judge Ancer L. Haggerty ?

Crystal@CrystalCox.com

www.AncerHaggerty.com Coming Soon to Explore the life and Career of Oregon District Court Judge Ancer L. Haggerty - Conflicts of Interest Possibly with David Aman, Tonkon Torp orObsidian Finance Group, LLC and Kevin D. Padrick.

Do you have an Issue, Story or information on any possible Fraud on the Courts involvingOregon District Court Judge Ancer L. Haggerty ? If So Please eMail me your Oregon District Court Judge Ancer L. Haggerty tip at Crystal@CrystalCox.com

Also Under Freedom of Information Act I Will Soon Be Posting all U.S. Court Documents of the Summit 1031 Bankruptcy on where YOUR Money Really Went. and Under Freedom of Information Act I Will be Getting and Posting Documents on Solar Tax Credits and possible Fraud on the Oregon Government over that, and then hopefully be filing a Qui Tam Lawsuit to get 30% Recovery of What Obsidian Finance Group, LLC and Kevin D. Padrick has possiblyfrauded the U.S. Government.

How much Money has Obsidian Finance Group, LLC and Kevin D. Padrick REALLY PaidTonkon Torp and David S. Aman to SHUT up the Truth about the Massive Money FraudulentlySpent in the Summit 1031 Bankruptcy? Coming Soon.. You have a Right to Know.. What YOU paid .. Tonkon Torp and David S. Aman and how much of it went to Bend Oregon District Court and Portland District Court Legal Issues to Filing Charges and Lawsuits to SHUT Up Bankruptcy Whistleblower Stephanie DeYoung and "Media" , Investigative Blogger Crystal L. Cox. .. It's Your Money !!!

Here is the Supposed Libel Lawsuit Link, yet I have No Record of it being Sent to Me.

http://dockets.justia.com/docket/oregon/ordce/3:2011cv00057/101036/

Tonkon Torp - David S. Aman Vs. "media" "blogger" "investigative blogger" "real estate whistleblower" Crystal L. Cox...

Obsidian Finance Group, LLC and Kevin D. Padrick Vs. "media" "blogger" "investigative blogger" "real estate whistleblower" Crystal L. Cox...

Stay Tuned to my Investigative Blogger Network, Whistleblower Media, Real Estate Whistleblower, Court Corruption, Bankruptcy Corruption "Media" sites for the Whole Story as it Plays Out..

posted here by

Crystal L. Cox

Investigative Blogger

Crystal@CrystalCox.com

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