17-11883-mg Doc 251 Filed 04/13/21 Entered 04/13/21 11:15:47 Main Document
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`Hearing Date: May 13, 2021 @
`10:00 a.m. (EST)
`Objection Deadline: May 7, 2021
`@ 5:00 p.m. (EST)
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`KLESTADT WINTERS JURELLER
`SOUTHARD & STEVENS, LLP
`200 West 41st Street, 17th Floor
`New York, New York 10036
`Tel: (212) 972-3000
`Fax: (212) 972-2245
`Fred Stevens
`Christopher J. Reilly
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`Special Litigation Counsel to Plaintiff Gregory Messer,
`Chapter 7 Trustee of the Estate of Fyre Festival LLC
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`UNITED STATES BANKRUPTCY COURT
`SOUTHERN DISTRICT OF NEW YORK
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`In re
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`FYRE FESTIVAL LLC,
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`Debtor.
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`NOTICE OF HEARING ON TRUSTEE’S MOTION FOR AN ORDER PURSUANT TO
` FED. R. BANKR. P. 9019 APPROVING A STIPULATION OF SETTLEMENT
`BETWEEN THE TRUSTEE AND TICKETHOLDER CLAIMANTS
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` Chapter 7
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` Case No. 17-11883 (MG)
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`TO COUNSEL TO THE DEBTOR, THE UNITED STATES TRUSTEE AND ALL PARTIES
`ENTITLED TO NOTICE PURSUANT TO FED. R. BANKR. P. 2002:
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`PLEASE TAKE NOTICE that upon the motion (the “Motion”), of Gregory M. Messer,
`Chapter 7 Trustee of the estate of Fyre Festival LLC (the “Trustee”), the above-captioned debtor
`(the “Debtor”), for an Order Pursuant to Fed. R. Bankr. P. 9019 Approving a Stipulation of
`Settlement Between the Trustee and each of the claimant ticketholders (each a “Ticketholder
`Claimant,” collectively, the “Ticketholder Claimants”), who filed Proofs of Claim Nos. 4 to 281
`(each a “Ticketholder Claim,” collectively, the “Ticketholder Claims”), a telephonic hearing (the
`“Hearing”) will be held on the 13th day of May, 2021, at 10:00 a.m. (EST), or as soon thereafter
`as counsel may be heard (the “Hearing”), before the Honorable Martin Glenn, United States
`Bankruptcy Judge, in his courtroom (#523) at the United States Bankruptcy Court for the Southern
`District of New York, One Bowling Green, New York, New York 10004, to consider the relief
`sought in the Motion. The telephonic Hearing will be conducted using Court Solutions LLC. All
`attorneys and parties wishing to appear at, or attend, the telephonic hearing must make
`arrangements with Court Solutions at https://www.court-solutions.com/ no later than 12 p.m. on
`the business day prior to the Hearing.
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`PLEASE TAKE FURTHER NOTICE that the Stipulation contains the following salient
`provisions:1
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`• Fixing and Allowing the Ticketholder Claims. The Ticketholder Claims shall be
`consolidated, fixed and allowed as a single, timely-filed general unsecured claim against
`the Debtor’s bankruptcy estate in the total amount of Two-Million Dollars ($2,000,000.00).
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`• Method of Distribution. When and if the Trustee makes any distribution on account of the
`Allowed Consolidated Ticketholder Claim, it will be by single payment made to “Geragos
`& Geragos, APC, as attorneys.”
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`• Geragos Firm Responsibility. The Geragos Firm shall take any and all responsibility for
`the allocation of any Ticketholder Distribution amongst the Ticketholder Claimants and/or
`itself as counsel to the Ticketholder Claimants as may be permitted pursuant to any
`agreements between the Ticketholder Claimants and the Geragos Firm. The Trustee shall
`have no right or responsibility to make any distribution to individual Ticketholder
`Claimants, or to monitor or review what the Geragos Firm does following the Trustee’s
`making any Ticketholder Distribution.
`PLEASE TAKE FURTHER NOTICE that the Motion has been filed electronically with
`the Clerk of the United States Bankruptcy Court for the Southern District of New York, and may
`be reviewed by all registered users of the Court’s website at http://ecf.nysb.uscourts.gov/. Copies
`of the Motion can also be obtained by telephonic, written, or e-mail request to the undersigned
`counsel to the Trustee, Attn: Kristen Strine, Paralegal (Telephone: (212) 972-3000 or e-mail:
`kstrine@klestadt.com).
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`PLEASE TAKE FURTHER NOTICE that responses, if any, to the relief sought in the
`Motion shall be made in writing, filed with the Court by registered users of the Court’s electronic
`case filing system and, by all other parties in interest, mailed to the Clerk of the United States
`Bankruptcy Court, Southern District of New York, One Bowling Green, New York, New York
`10004, on a 3.5 inch floppy disc or compact disc, preferably in portable document Format (PDF),
`Microsoft Word, or any other Windows Based word processing format (with a hard copy delivered
`directly to the Chambers of the Honorable Martin Glenn, United States Bankruptcy Judge, United
`States Bankruptcy Court, Southern District of New York, One Bowling Green, New York, New
`York 10004), and served upon Klestadt Winters Jureller Southard & Stevens, LLP, 200 West 41st
`Street, 17th Floor, New York, NY 10036-7203, Attn: Fred Stevens, Email: fstevens@klestadt.com,
`so as to be actually received no later than 5:00 p.m. (EST) on May 7, 2021 at 5:00 p.m. (EST).
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`1 The Stipulation should be read in its entirety. This summary is not intended to capture every salient term of the
`Stipulation.
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`Dated: New York, New York
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`April 13, 2021
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`By:
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`KLESTADT WINTERS JURELLER
` SOUTHARD & STEVENS
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`/s/ Christopher Reilly
`Fred Stevens
`Christopher Reilly
`200 West 41st Street, 17th Floor
`New York, New York 10036-7203
`Tel: (212) 972-3000
`Fax: (212) 972-2245
`Email: fstevens@klestadt.com
`creilly@klestadt.com
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`Special Litigation Counsel to Gregory M.
`Messer, Chapter 7 Trustee
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