In an interview with Travel Agent, Axelrod said that the initial group of 15 agents is owed an estimated $150,000 in unpaid commissions from JoyStar, a unit of TravelStar. Axelrod says that the total outstanding could rise to 30- to 50 agents who may be owned as much as $250,000 in unpaid commissions.
Joystar Collapse Article in Travel Agent News
Home business, direct sales and network marketing news from Npros.
Related news
-
Court Tosses Joystar Lawsuit v Former Agent
The federal courts dismissed a lawsuit brought in March by bankrupt host agency Joystar against Drew Axelrod, one of its former independent contractors and the lead agent in the...
-
Joystar Now Chapter 7
The US bankruptcy court in Ft. Lauderdale has ordered that the defunct Host agency Joystar bankruptcy case be converted to Chapter 7 from Chapter 11. The ruling cam on a motion ...
-
Court Sets June 10 Date for Joystar Hearing
A hearing has been set for June 10 in bankruptcy court in Florida for the host agency Joystar, whose creditors are pushing to convert the company's current Chapter 11 bankruptcy...
-
Joystar Uses Agent Commissions to Pay Employees
Host agency Joystar, now in Chapter 11 proceedings in U.S. Bankruptcy Court in the Southern District of Florida, reported in court filings last week that it had received just ov...
-
Court Allows Cruise Lines to Move Joystar Bookings
Carnival, Princess and Holland America, all owned by Carnival Corp., have been granted permission, under certain circumstances, to move Joystar bookings to alternative agencies....