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Lender Blasted For Effort To Lift Ticket Reseller's Ch. 11 Stay

Law360, New York (June 19, 2017, 7:26 PM EDT) -- Various stakeholders of bankrupt ticket reseller and alleged Ponzi scheme vehicle National Events Holdings LLC have pushed back hard against a recent attempt by one creditor to lift the automatic stay and liquidate the debtor’s $5.8 million in remaining assets, calling the move premature and “grossly unfair.”

Creditors Taly USA Holdings Inc. and Hutton Ventures LLC, as well as National Events itself and a court-appointed receiver for two affiliated entities, all condemned Falcon Investment Advisors LLC’s request last week to lift the stay and collect on...
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