Source: Npros 6/15/2009
Joystar Now Chapter 7
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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 filed by Joystar's unsecured creditors -- mostly travel agents owed commissions. These agents in December started the case ... Read More...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 case, which would allow the company to reorganize, to Chapter 7, which would liquidate the company. The hearing has been s... Read More...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 over $46,000 in commissions between Feb. 10 and Feb. 28. It said it returned just over $2,800 in commissions, giving it a tot... Read More...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. Independent agents and passengers can arrange to shift bookings by making a written request. Joystar does not have to a... Read More...
