February 13, 2025
Special litigation counsel for defunct ticket broker National Events Holdings LLC's Chapter 7 Trustee can front funds to the employ of experts in litigation and be reimbursed by the estate, a New York bankruptcy judge said, overruling the U.S. Trustee.
June 03, 2019
The liquidating trustee of defunct sports and concert ticket broker National Events Holdings LLC is trying to claw back more than $15 million in what he called fraudulent transfers made to the Arizona Cardinals, online broker TicketNetwork and others.
January 08, 2019
The debtor entities of defunct ticket brokerage National Events Holdings LLC will be substantively consolidated in bankruptcy to further liquidation proceedings and return money to creditors, a Chapter 7 trustee attorney said Tuesday, noting an agreement reached to settle with the company's directors and officers insurer.
November 21, 2018
The largest creditor of bankrupt ticket brokerage and alleged Ponzi scheme vehicle National Events Holding LLC has again objected to a proposed $1.65 million settlement between the debtor's trustee and its directors and officers insurer, and is fighting a bid to roll several closely associated entities into the Chapter 7 case.
June 07, 2018
The court-appointed trustee of a bankrupt ticket reseller and alleged Ponzi scheme vehicle has been given the green light to subpoena a slew of NFL teams, Playboy Enterprises and other businesses as part of his ongoing investigation into the $70 million fraud that brought down National Events Holdings LLC.
March 05, 2018
An investment fund representing directors of an alleged $70 million Ponzi scheme run by a ticket brokerage's former CEO asked a New York bankruptcy court Friday to stop the company's trustee from settling with its directors and officers' insurer, saying any proceeds from the insurance policy belong to the directors, not the estate.
January 05, 2018
The court-appointed examiner in the Chapter 11 case of alleged Ponzi scheme vehicle National Events Holdings LLC has cleared one of the defunct ticket reseller's main creditors and debtor-in-possession lender of any wrongdoing in a report filed with the New York bankruptcy court.