Trans Continental Airlines

The firm represented the official creditors’ committee in the chapter 11 case of Trans Continental Airlines and disgraced music promoter Louis J. Pearlman in their chapter 11 cases in the Northern District of Florida. Working cooperatively with the chapter 11 trustee and his professionals, the firm enhanced recoveries for creditors who were the victims of a Ponzi scheme estimated to have involved over $400 million dollars in assets by means of the investigation and institution of litigation against third parties and involvement in the criminal proceedings that led to Mr. Pearlman’s conviction, incarceration, and cooperation with the trustee and federal authorities to uncover assets.