Fyre Festival Investors Secure Involuntary Ch. 7
The Chapter 7 petition was filed in July by investors John Nemeth, Raul Jimenez and Andrew Newman, who said they put a total of roughly $530,00 into Fyre Festival LLC, a subsidiary of Fyre Media LLC.
In a brief order issued Tuesday, U.S. Bankruptcy Judge Martin Glenn granted the petition and ordered the festival entity to file...
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