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This website has been set up by Michael I. Goldberg as the court-appointed Receiver for Worldwide Entertainment Group. This website will be updated often to keep creditors informed of the progress of the receivership.
See the 8th report from the receiver
Here.
If you wish to update your contact information, please click
here April 9, 2010 John P. Utsick Appeal Judgment December 8, 2009 Receiver's 8th Report on the Condition of Worldwide Entertainment July 29, 2009 Notice of Appeal April 17, 2006 Complaint for Injunctive and Other Relief May 18, 2009 Omnibus Order (Paris Hilton) NOTICE TO CLAIMANTS I am happy to announce that the initial distribution checks have been mailed. The total amount of the initial distribution was approximately $21.3 million. This represents an approximate 14% return on your principal if your claim had a zero percent rising tide percentage. For those investors who received distributions prior to the receivership, and your rising tide percentage was less than 14%, your distribution check has been pro-rated based upon the distributions you previously received. For those investors who invested through your IRA, please note that your distribution check has been sent directly to your IRA custodian. Should you choose to change your IRA custodian after your funds have been deposited, you must notify my office in writing that your account has changed. Please contact my office at (800) 223-2234 for further instructions. Furthermore, we have processed hundreds of address changes in the past couple of months. If you have moved recently and have not notified our office of your new address, please contact us immediately to ensure your check is routed to your new address. A timetable has not been set yet for the second distribution. However, we are working very hard towards recovering additional funds in the case. Please continue to check our website for future updates. Investors may call 1-800-223-2234 with their
questions or write the Receiver at the below address: In order to view the documents posted, you will need to install Adobe Acrobat Reader. If you do not have Adobe, please click the following link and follow the instructions |
PLEASE DO NOT WRITE LETTERS OR CALL THE JUDGE, HIS LAW CLERKS, OR JUDICIAL ASSISTANTS REGARDING THIS CASE. THE JUDGE WILL NOT READ OR CONSIDER ANY EX-PARTE COMMUNICATIONS FROM INVESTORS. THERE ARE SPECIFIC RULES GOVERNING THE FILING OF DOCUMENTS WITH THE COURT THAT MUST BE FOLLOWED. IF YOU INSIST ON SENDING COMMUNICATIONS TO THE COURT, PLEASE CONSULT A LAWYER FOR THE PROPER PROCEDURE. ANY QUESTIONS OR CONCERNS REGARDING THIS POLICY OR OTHER GENERAL CASE INFORMATION, SHOULD BE DIRECTED TO THE RECEIVER'S OFFICE BY CALLING (800) 223-2234, VIA E-MAIL AT WORLDWIDE@AKERMAN.COM, OR IN WRITING TO MICHAEL I. GOLDBERG, RECEIVER, 350 EAST LAS OLAS BLVD., SUITE 1600, FT. LAUDERDALE, FL 33301-2229.
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FAQS Last Updated on Thursday, April 15, 2010 |
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