| February 2, 2007 | Gerard A. (“Jerry”) McHale, Jr. appointed Receiver of Trans Continental Airlines, Inc., et al by the Circuit Court of Florida in the case of State of Florida, Office of Financial Regulation v. Trans Continental Airlines, Inc., et al. |
| February 15, 2007 | Seizure of Trans Continental Airlines Inc., documents by several governmental agencies (including the FBI, IRS, FDIC and the Florida Department of Financial Regulation.) |
| March 1, 2007 | Four major creditors seek the appointment of a Chapter 11 Trustee for Louis J. Pearlman and Trans Continental Airlines, Inc., by filing involuntary bankruptcies. |
| March 7, 2007 | An Involuntary Petition was filed in the case of Trans Continental Records, Inc. |
| March 27, 2007: | Soneet R. Kapila appointed Chapter 11 Trustee of the bankruptcy estates of Louis J. Pearlman and Trans Continental Airlines, Inc, in the United States Bankruptcy Court, Middle District of Florida, Orlando Division. |
| March 30, 2007 | Order appointing Soneet R. Kapila as Chapter 11 Trustee signed by the Bankruptcy Court. |
| March 30, 2007 | Soneet Kapila and his team of professionals begin investigations into the massive and complex tangled web of entities and transactions. |
| April 18, 2007 | Trans Continental Studios, Inc., and Louis J. Pearlman Enterprises, Inc., file Chapter 11. |
| April 30, 2007 | 341 Meeting – First Meeting of Creditors was held at the U. S. Bankruptcy Court in Orlando. The U.S. Trustee and Soneet Kapila, Bankruptcy Trustee provided the creditors attending the meeting with a status of the case administration and answered creditors questions. |
| May 3, 2007 | Luis J. Pearlman Enterprises, LLC files Chapter 11. |
| May 8, 2007 | Trans Continental Television Productions, Inc., files for Chapter 11. |
| May 9, 2007 | Trans Continental Records, Inc., was converted to Chapter 11. |
| May 9, 2007 | Soneet R. Kapila appointed Chapter 11 Trustee in the cases of Trans Continental Studios, Inc., and Louis J. Pearlman Enterprises, Inc. |
| May 11, 2007 | Soneet R. Kapila appointed Chapter 11 Trustee in the Trans Continental Records, Inc., case. |
| May 16, 2007 | File Notice for Appointment of Creditor's Committee. |
| June 12, 2007 | Trans Continental Aviation, Inc. and Trans Continental Management, Inc. file Chapter 11. |
| July 12, 2007 | Soneet R. Kapila appointed Chapter 11 Trustee in the Louis J. Pearlman Enterprises, LLC case. |
| July 18, 2007 | The Bankruptcy Court judge extended the claims bar date months from July 30, 2007 to January 30, 2008 |
| July 18, 2007 | The Trustee, through Counsel, comes to a settlement with Rosen entities for Jordan, et al. v. Pearlman, et al., regarding the fraudulent concealment of Pearlman's various real property in Las Vegas. |
| July 31, 2007 | The Trustee, through Counsel, files for Joint Administration of Cases which is granted with Louis J. Pearlman (case no. 6:07-bk-00761-ABB) as the lead case. |
| September 7, 2007 | Trans Continental Publishing, Inc. and TC Leasing, LLC file Chapter 11. |
| January 30, 2008 | Claims Bar Date – Deadline for filing claims in the bankruptcy cases of Louis J. Pearlman and Trans Continental Airlines, Inc |
| February 8, 2008 | The Trustee, through Counsel, settles with Kolel Beth Yechiel Mechil of Tartikov, Inc. for $750,000. |
| July 2008 | The Trustee, through Counsel, files the Bankruptcy Schedules and Statement of Financial Affairs. |
| July 13, 2008 | The Trustee, through Counsel, files a complaint seeking to recover deposits made by Pearlman in the total amount of $610,000 in connection with the purchase of a condominium unit in Clearwater, Florida. The parties reach a settlement of this matter pursuant to which the Trustee is entitled to recover $462,500 for the benefit of Pearlman's estate. |
| January 20, 2009 | The Trustee, through Counsel, files a complaint seeking to recover in excess of $7,535,000 in avoidable transfers from Michael & Sheila Crudele and Aegis Consulting, Inc.. The parties reach a settlement of this matter further detailed in the Trustee's Motion to Approve Settlement and Compromise of Controversy with Michael Crudele, etc. |
| April 2009 | The Trustee, through Counsel, files in excess of 650 complaints for fraudulent transfer conveyances. To view the listing of complaints please click here. |
Contacts | Claims | Cases | Assets
