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Post by whatwouldherbdo on Aug 16, 2013 13:18:49 GMT -5
Hi,
Can anyone post an update on the Bankruptcy hearing today? I do know that the Honorable Judge McEwen has been informed that the "tenant" seeking access to the VNR facility under the name AvAero is actually a Kevin McKamey front company, much like Kevco.
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Post by Guest on Aug 16, 2013 18:31:37 GMT -5
According to the someone with knowledge, Chapter 7 liquidation was granted. This was posted in the furloughed employee's group:
"Chapter 7 was granted. Moving to liquidation."
"Source?"
"An aviation journalist friend of mine who has already looked at the court filings. There are other details too, like Dallas Airmotive has filed an injunction to protect the loaner engines it has on some aircraft. An owner has petitioned to take possession of one of the aircraft that has a Dallas Airmotive engine on it. Then some of their engines are on the TEB-RAMS hostage aircraft, so plenty of entanglements."
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Post by vnrpilots on Aug 16, 2013 21:43:54 GMT -5
Hold on, this roller coaster is just about to crest the first peak. click...click...click...click....click...click
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Post by whatwouldherbdo on Aug 16, 2013 23:06:56 GMT -5
According to the someone with knowledge, Chapter 7 liquidation was granted. This was posted in the furloughed employee's group: "Chapter 7 was granted. Moving to liquidation." "Source?" "An aviation journalist friend of mine who has already looked at the court filings. There are other details too, like Dallas Airmotive has filed an injunction to protect the loaner engines it has on some aircraft. An owner has petitioned to take possession of one of the aircraft that has a Dallas Airmotive engine on it. Then some of their engines are on the TEB-RAMS hostage aircraft, so plenty of entanglements." What furloughed employees group? Is there another forum that I'm not aware of? |
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Post by must fly private on Aug 17, 2013 7:33:30 GMT -5
it's a group on Facebook
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Post by Guest on Aug 17, 2013 8:22:33 GMT -5
Oh my......that's not a good idea. I hope you don't have to join using your regular facebook profile. |
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Another Former AAIR Employee
Guest
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Post by Another Former AAIR Employee on Aug 17, 2013 8:53:15 GMT -5
Oh my......that's not a good idea. I hope you don't have to join using your regular facebook profile. Why? So when Avantair is resurrected we can get our jobs back? Get real, that tactic may have worked during the last furlough where a handful of my colleagues were let go because of their comments on Facebook. What can Steve and his wife say now? There is nothing to go back to. |
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Post by miraclewish on Aug 17, 2013 9:07:45 GMT -5
The only thing any of us need concern ourselves with now as far as revealing ourselves is deposition. I prefer to stay out of the court system. It's time to move on. It's over except accessing our 401k monies.
Good luck to all of us. For employees the party is almost over...unfortunately for owners the mess continues.
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Post by Guest on Aug 17, 2013 9:18:44 GMT -5
Oh my......that's not a good idea. I hope you don't have to join using your regular facebook profile. Why? So when Avantair is resurrected we can get our jobs back? Get real, that tactic may have worked during the last furlough where a handful of my colleagues were let go because of their comments on Facebook. What can Steve and his wife say now? There is nothing to go back to. Regardless of how crappy you were treated to move forward we all need to be professional. Many companies including mine review social media during the hiring process. The longer you associate yourself, attack, speak (write) ill of Avantair the less chance you will have of securing employment. A forum such as this where unless named in a post directly will not come up during a web search of your name. Facebook however will. Avantair is gone. The employees of this now shamful company were some of the best, truly some of the best in the industry. Focus your energy on gaining employment and take care of your family. The information on this forum is appreciated and I hope it continues. Be smart and protect yourself and your future. |
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Post by avwriter on Aug 17, 2013 23:21:38 GMT -5
According to the someone with knowledge, Chapter 7 liquidation was granted. This was posted in the furloughed employee's group: "Chapter 7 was granted. Moving to liquidation." "Source?" "An aviation journalist friend of mine who has already looked at the court filings. There are other details too, like Dallas Airmotive has filed an injunction to protect the loaner engines it has on some aircraft. An owner has petitioned to take possession of one of the aircraft that has a Dallas Airmotive engine on it. Then some of their engines are on the TEB-RAMS hostage aircraft, so plenty of entanglements." I can confirm this info -- I'm the aviation journalist who provided it to the ex-Avantair employee. Avantair has 7 days (until Friday) to provide court with list of creditors. Also, trustee has subpoenaed Santo, Haslett, McKamey and a few other Avantair execs for sworn questioning/testimony. In addition, trustee has subpoenaed for Avantair's Wells Fargo bank account info, as well as any communication (email, written, etc) about company assets that were sent between Jan. 1, 2009 to present. One more thing: do not send evidence to judge by email. An ex-Avantair did this and judge had to disclose it via filing and then had to disqualify it from evidence because it wasn't submitted properly through electronic court filing system. If you don't want to pay court fees to do this, send evidence to Adams and Reese, the law firm representing Avantair trustee (sorry, I don't post email addresses on public forums). They can file it properly if it's material evidence. |
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Post by Guest on Aug 19, 2013 8:14:50 GMT -5
Oh my......that's not a good idea. I hope you don't have to join using your regular facebook profile. It is a private Facebook group that cannot be searched for, you can only be invited to, and does not appear anywhere unless you are a member. If you were to look at my profile, you would never know I was a member unless you were too. The purpose of it is for furloughed to help employees to help each other with sharing information, applying for/navigating unemployment benefits, food stamps, etc. |
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Post by Guest on Aug 19, 2013 10:18:12 GMT -5
Oh my......that's not a good idea. I hope you don't have to join using your regular facebook profile. It is a private Facebook group that cannot be searched for, you can only be invited to, and does not appear anywhere unless you are a member. If you were to look at my profile, you would never know I was a member unless you were too. The purpose of it is for furloughed to help employees to help each other with sharing information, applying for/navigating unemployment benefits, food stamps, etc. That's great! I was only worried about the future of these great individuals. I did not mean to upset or offend anyone. I hope that everyone get the monies and employment that they deserve. Good luck! |
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merc
New Member
Posts: 16
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Post by merc on Aug 21, 2013 10:42:49 GMT -5
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Post by avwriter on Aug 22, 2013 9:49:46 GMT -5
If I'm reading the document correctly, AvAero bought the lease rights to that facility, not the facility itself. Also, Avantair transferred its lease purchase option to AvAero/McKamey, so Avantair itself doesn't appear to have bought anything at all here. |
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Post by Volunteer on Aug 22, 2013 10:58:55 GMT -5
The financial firm that manages the 401k should be pulling out all the stops to help the employees. Apparently that is not happening. Who is the firm?
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