It's more than possible, it actually happened.  Over a dozen professional lawyers (of whom several from major firms charge $500/hr) found zero evidence of incompetence or negligence.

Nobody cares about your ignorant personal opinion, fact-free interpretation, or quest for revenge. 

There was no 'exit scam.'  You were warned getting lawyers involved would not benefit anyone but those lawyers.  You should have already known that bit of common sense from watching TV.

No money was "funneled out" of the company.  That would be illegal and have precluded Chapter 11 status with retained management.

I never said "bankruptcy fraud never happens."  It just so happens that in this case 12+ bankruptcy specialists failed to find so much as a hint of a whiff of fraud.

You are just making stuff up and putting words in my mouth because you are so upset about being wrong, while I was proven correct on every point in dispute.

I ripped your face off and shat on your bruised ego.  Sorry, but that's the way it goes when you engage me impolitely in debate on topics of which I am the master.

You were wrong about the facts in both the HF and AM fiascos.  The longer you wallow in denial, the worse you look and the less healthy it is for you psychologically.