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Author Topic: What? No threads on the Fyre Festival disaster?  (Read 14562 times)

Justice C. Bigler

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Re: What? No threads on the Fyre Festival disaster?
« Reply #30 on: May 21, 2017, 03:57:05 pm »

Group buy?

Article says they(someone) owes $390,000 to Bahamian customs. Seems like a small price to pay for a couple $million in PA, staging, and lights.
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Tim McCulloch

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Re: What? No threads on the Fyre Festival disaster?
« Reply #31 on: May 21, 2017, 11:05:04 pm »

Group buy?

Article says they(someone) owes $390,000 to Bahamian customs. Seems like a small price to pay for a couple $million in PA, staging, and lights.

I figure the Customs dept would give consideration to anyone who ponies up anything close to the total provided it's gone by the end of the week... ;)

The other $600k was for local labor to pack it all up and ship it back to the USA.  At 10 cents on the dollar it's not a 'presidential' extra special deal but still very good.
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Scott Holtzman

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Re: What? No threads on the Fyre Festival disaster?
« Reply #32 on: May 22, 2017, 02:40:59 am »

I figure the Customs dept would give consideration to anyone who ponies up anything close to the total provided it's gone by the end of the week... ;)

The other $600k was for local labor to pack it all up and ship it back to the USA.  At 10 cents on the dollar it's not a 'presidential' extra special deal but still very good.

The amount of people with  a million dollars to spend recovering seized assets is mighty slim.  You also have the issue that whoever financed it has a valid UCC lien.  As soon as you bring it back in the states the lien is still in effect. 


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Tim McCulloch

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Re: What? No threads on the Fyre Festival disaster?
« Reply #33 on: May 22, 2017, 03:52:13 am »

The amount of people with  a million dollars to spend recovering seized assets is mighty slim.  You also have the issue that whoever financed it has a valid UCC lien.  As soon as you bring it back in the states the lien is still in effect.

There's always a catch...
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"Practicing an art, no matter how well or badly, is a way to make your soul grow, for heaven's sake. Sing in the shower. Dance to the radio. Tell stories. Write a poem to a friend, even a lousy poem. Do it as well as you possible can. You will get an enormous reward. You will have created something."  - Kurt Vonnegut

Mark Cadwallader

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Re: What? No threads on the Fyre Festival disaster?
« Reply #34 on: May 22, 2017, 10:13:40 am »

The amount of people with  a million dollars to spend recovering seized assets is mighty slim.  You also have the issue that whoever financed it has a valid UCC lien.  As soon as you bring it back in the states the lien is still in effect.

I'm no expert in international law, but typically a taxing authority passes clear title when it sells seized property at auction. Here, the lien holders will be sure to be the high bidders at any tax (customs) auction.
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Tim McCulloch

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"Practicing an art, no matter how well or badly, is a way to make your soul grow, for heaven's sake. Sing in the shower. Dance to the radio. Tell stories. Write a poem to a friend, even a lousy poem. Do it as well as you possible can. You will get an enormous reward. You will have created something."  - Kurt Vonnegut

Tim Hite

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Re: What? No threads on the Fyre Festival disaster?
« Reply #36 on: May 22, 2017, 11:38:25 pm »

. . .Here, the lien holders will be sure to be the high bidders at any tax (customs) auction.

One would certainly hope so. Has it come out that the promoters didn't have event insurance?
« Last Edit: May 22, 2017, 11:45:43 pm by Tim Hite »
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Justice C. Bigler

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Re: What? No threads on the Fyre Festival disaster?
« Reply #37 on: May 22, 2017, 11:46:05 pm »

Looks like the big suck for the production folks that went in to do the event. . .

http://ampthemag.com/the-real/fyre-festival-production-manager-says-bahamas-auction-off-10m-staging-unless-customs-bill-paid/

 ???  Didn't read the thread? Ivan literally posted the exact same link a few posts above.
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Tim Hite

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Re: What? No threads on the Fyre Festival disaster?
« Reply #38 on: May 22, 2017, 11:48:24 pm »

???  Didn't read the thread? Ivan literally posted the exact same link a few posts above.

Read the first page, forgot about multiple pages. Thanks for calling me out, though. Was trying to delete the post but can't figure out how to get that done.
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Tim McCulloch

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Re: What? No threads on the Fyre Festival disaster?
« Reply #39 on: May 23, 2017, 12:27:00 am »

I knew there was an appropriate musical tribute...

https://www.youtube.com/watch?v=en1uwIzI3SE
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"Practicing an art, no matter how well or badly, is a way to make your soul grow, for heaven's sake. Sing in the shower. Dance to the radio. Tell stories. Write a poem to a friend, even a lousy poem. Do it as well as you possible can. You will get an enormous reward. You will have created something."  - Kurt Vonnegut

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Re: What? No threads on the Fyre Festival disaster?
« Reply #39 on: May 23, 2017, 12:27:00 am »


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