Bankruptcy court fines hotel “scammers” who kept $ 2.4 million

0


By Leslie Pappas (December 14, 2021, 7:34 PM EST) – Two “scammers” who snub Delaware bankruptcy court order to return $ 2.43 million to bankrupt US hotels at Eagle Hospitality Group will each be fined $ 250 a day until they repair the debt, the judge in charge of the case said Tuesday.

Taylor Woods and Howard Wu failed to comply with court orders to return the funds, and their disclosures to the court were “woefully insufficient and fraught with fraudulent inconsistencies,” said U.S. bankruptcy judge Christopher S. Sontchi of the District of Delaware. an order Tuesday.

“You would have thought that issuing the contempt order and …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS


Share.

Comments are closed.