vistaman Posted March 19 #301 Share Posted March 19 1 hour ago, FlyerTalker said: Two questions: Just how do you know that "the money" is there, and how much? Next: Do you know where in the LEGAL pecking order customers sit? Especially in relation to vendors and agents, who also have valid legal claims. Without those two facts, complaining is just that. Absolutely true. Think about it....a company goes into bankruptcy because their debts are greater than their assets. It is impossible to then be able to satisfy every one of those debts at a 1:1 ratio because there aren't enough assets to go around. It is precisely because everyone thinks that THEY should be made whole that bankruptcy has specific procedures to fairly distribute the balance of assets per the relevant law. Vis a vis all creditors. US clients did obtain cheques months ago , European clients not a cent yet . Link to comment Share on other sites More sharing options...
Rare FlyerTalker Posted March 19 #302 Share Posted March 19 21 minutes ago, vistaman said: US clients did obtain cheques months ago , European clients not a cent yet . Seems that you missed this post from earlier in this thread: On 3/14/2024 at 8:16 PM, Cjohns16 said: Today I received notification from Info CC that a wire transfer has been made to us. I can also confirm payment of usd 4450, converted to Euros is now in our bank account. That poster is in Germany. So much for "European clients not a cent yet." Link to comment Share on other sites More sharing options...
Rare travelberlin Posted March 19 #303 Share Posted March 19 23 minutes ago, vistaman said: US clients did obtain cheques months ago , European clients not a cent yet . Some Europeans seem to have received their US 2225 pp already. Others have not. We are still waiting. 1 Link to comment Share on other sites More sharing options...
Stereojeff Posted March 21 #304 Share Posted March 21 I received an email today "SERVICE OF COURT DOCUMENT-2022-02742-CA-01 - REFERENCE ........" disputing my claim filed with Moecker for funds due from "Old Crystal". Pursuant to the Claims Procedure Order, if a claimant disputes this Objection to their claim, then within 21 days of service of this Objection, such claimant must contact the Assignee via email at crystalclaimsobj@moecker-crystal.com to attempt to resolve the dispute. Needless to say, I have already responded denying the allegation that I have received compensation for my losses to Old Crystal from a credit card company. Jeff N THE CIRCUIT COURT OF THE 11TH JUDICIAL CIRCUIT IN AND FOR MIAMI DADE COUNTY, FLORIDA Crystal Cruises, LLC CASE No.: 2022-002742-CA-01 Crystal Holdings U.S., LLC CASE No.: 2022-002757-CA-01 Crystal AirCruises, LLC CASE No.: 2022-002758-CA-01 Assignor, v. Mark C. Healy Assignee. Document being served: ASSIGNEE’S FIFTIETH OMNIBUS OBJECTION TO CLAIMS- Reference OBJ23.03-02C MOTION - Fiftieth Omnibus Objection to Claims - 50.OBJ24.03-02C.pdf Link to comment Share on other sites More sharing options...
vistaman Posted March 24 #305 Share Posted March 24 I finally got my 2250 dollar minus some "transfer charges" 🤑 in my country that is done otherwise : so mr A with 60K , myself with 18 K and Mrs B with one deposit of 3K all the same 2250$ here they divide the available money in view of the debt so % degree 1 Link to comment Share on other sites More sharing options...
Rare FlyerTalker Posted March 24 #306 Share Posted March 24 2 hours ago, vistaman said: I finally got my 2250 dollar minus some "transfer charges" 🤑 in my country that is done otherwise : so mr A with 60K , myself with 18 K and Mrs B with one deposit of 3K all the same 2250$ here they divide the available money in view of the debt so % degree And that happens here as well. But that applies AFTER the priority distributions, which are a flat amount. With the priority distributions, everyone gets the maximum of XXX per person, regardless of the total amount claimed. When it comes time for the general distribution, after all priority claims are settled, it's done on a flat percentage basis for everyone. Or at least that is my understanding. Please don't conflate the priority distributions, which you DID receive, with general distributions that are a completely different animal. 3 2 Link to comment Share on other sites More sharing options...
Whipsnade Posted March 25 #307 Share Posted March 25 Flyer is correct. But we should not expect much from this general distribution as our claims are tiny compared to some vendors like fuel, provisions and many others. And be patient. Betting it may another six mos or a year. Link to comment Share on other sites More sharing options...
LNugent Posted March 25 #308 Share Posted March 25 Received this email today after asking many times when my check would be mailed “ Unfortunately, we do not have an open bank account at this time to issue checks. Due to ongoing issues with mail delivery, including instances of lost and stolen checks, we have decided to offer wire transfers as a method of distribution. This method offers greater reliability and efficiency, ensuring that you receive your payments in a timely manner. At this time, we do not have an established date of when we will reissue checks. As a result, we will cease issuing checks for distributions at this time. Instead, we kindly request that you provide us with your wire transfer information to facilitate this transition smoothly. Attached to this email, you will find the necessary form for submitting your wire transfer details. To ensure accuracy and security, please ensure that the name(s) on the bank account match the information provided on your submitted claim form. In order to proceed with the wire transfer, we require that you attach a verified letter from your bank containing your wire transfer details and instructions (name of account holder, Account Number, SWIFT code, Routing, etc). This additional documentation is necessary to ensure the accuracy and security of the transaction. Please submit a letter from your bank as soon as possible to process your payment. Link to comment Share on other sites More sharing options...
Whipsnade Posted March 26 #309 Share Posted March 26 Yikes. 1 Link to comment Share on other sites More sharing options...
bitob Posted March 26 #310 Share Posted March 26 The misery is never ending 1 Link to comment Share on other sites More sharing options...
dawntrdr Posted March 26 #311 Share Posted March 26 Do be careful. It is inconceivable to me that a bankruptcy trustee would not have an open bank account. 2 Link to comment Share on other sites More sharing options...
LNugent Posted April 12 #312 Share Posted April 12 (edited) The latest is they wouldn’t accept just the form (that they provided) with my wire instructions. They wanted a letter verifying account and wire Instructions from my bank. More stalling tactics. I sent them the letter which was difficult and time consuming to get. I told them if the funds were not promptly wired I would be reporting them to the Florida Bar. I am giving them 10 days. We will see. Edited April 12 by LNugent 1 Link to comment Share on other sites More sharing options...
Whipsnade Posted April 12 #313 Share Posted April 12 Yikes. Again. Link to comment Share on other sites More sharing options...
skybluewaters Posted April 12 #314 Share Posted April 12 15 hours ago, LNugent said: They wanted a letter verifying account and wire Instructions from my bank. More stalling tactics. I'm not sure this is a stalling tactic. Just ask Shohei Ohtani. 4 Link to comment Share on other sites More sharing options...
Rare PaulMCO Posted April 25 #315 Share Posted April 25 Certainly pays to be a the Administrator. Latest accounting. Latest fee bill is $5M. Prior bill was over $2M One interesting point is that so far almost $16M has been returned to consumer claims and $600K for back wages. There remains significant money for unsecured claims, but no indication of the size of these claims. 04.19.24-Motion-Motion-For-Assignee-Fees-Healy-2.pdf 2 1 Link to comment Share on other sites More sharing options...
LNugent Posted May 18 #316 Share Posted May 18 Finally paid. 3 Link to comment Share on other sites More sharing options...
Whipsnade Posted May 18 #317 Share Posted May 18 Still waiting for mine. Supposed to come by wire. Link to comment Share on other sites More sharing options...
krb1000 Posted August 21 #318 Share Posted August 21 Received this (and the $$$) today. 7 Link to comment Share on other sites More sharing options...
Whipsnade Posted August 21 #319 Share Posted August 21 I received mine in June. Case closed. 1 Link to comment Share on other sites More sharing options...
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