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80%  
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  • Damages May Be Sought From Investors in Abortive Fyre Festival

    07/11/2017 1:46:25 PM PDT · by Enchante · 12 replies
    The Recorder ^ | July 11, 2017 | Todd Cunningham
    With the finances of disgraced Fyre Festival concert promoter Billy McFarland being questioned, major investors in the concert-turned-fiasco are facing unexpected scrutiny and potential liability for the money lost. Unpaid vendors, employees and attendees of the Bahamas concert that was canceled before it began have filed 11 civil lawsuits, which include six class actions and five private suits, and all will be seeking damages.... ...McFarland was arrested in New York on June 30 and released on $300,000 bail the next day. The 25-year-old entrepreneur was represented by a public defender at the bail hearing, but has since retained Boies Schiller...