Page 153 - எங்களுக்கு திவால்நிலை நீதிமன்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Payments to PG&E wildfire victims now up to $141 million - but process is moving slowly
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Fyre Festival reaches financial settlement with ticketholders
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LQD, which is listed in the bankruptcy filing as being owed $6.65 million by Crave Brands, had alleged that the filings were “a stunt Crave’s former manager pulled to stay in charge,” among other alleged improprieties that LQD claimed should invalidate the case.
Chicago-based Meatheads, which operates the 13-unit fast-casual Meatheads Burgers & Fries concept, said in a statement provided to Nation’s Restaurant News on Friday that it has since held “several discussions” with LQD and that it expects to propose a plan of reorganization in the next 30 days.
The Meatheads and Crave Brands bankruptcy petitions were both signed by Steve Karfaridis, manager, who LQD had alleged did not have the authority to file the bankruptcy because he had been replaced as manager before the filing. LQD said it had replaced Karfaridis with Robert Handler, who LQD had contended remains the current manager and did not authorize the bankruptcy filing.
Fyre Festival: Hundreds May Win More Than $7,000 Each In Settlement : NPR
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(The exact amount of the payout may change depending on how ongoing bankruptcy proceedings progress.) Billy [McFarland] went to jail, ticket holders can get some money back, and some very entertaining documentaries were made, Ben Meiselas, a partner at California-based Geragos & Geragos who represented the ticket holders, told
the Times. Now that s justice.
Indeed, the 2017 festival-that-wasn t has left a trail of lawsuits, criminal charges and dramatic documentaries in its wake.
McFarland, who organized and promoted the event, pled guilty in 2018 to two counts of wire fraud related to the festival. He was sentenced to six years in prison and three on probation for engaging in what prosecutors described as multiple fraudulent schemes and making false statements to law enforcement.