PrivateJet.com owner files a new $30 million lawsuit against Fly Victor

Fly Victor private jet charter broker

Don’t Look Media has filed a new lawsuit against Fly Victor, its founder Clive Jackson, and others

The new lawsuit against private jet charter broker Victor was filed in Florida’s state court

Following the administration of private jet charter broker Fly Victor’s parent, and a subsequent management-led buyout, Don’t Look Media has filed a new lawsuit, this time in Florida’s state court.

A previous, similar lawsuit filed last year in Federal Court was dismissed in February, a move Don’t Look is appealing.

The new lawsuit, also seeking $30 million, is over a revenue-sharing agreement for website privatejet.com, owned by Don’t Look.

Fly Victor financial filings show losses of over $50 million

Fly Victor private jet charter broker

The private jet charter broker had predicted profitability in 2020 before its parent entered administration earlier this month

Founder and CEO Clive Jackson says he is hoping to lead a management buyout

(Updated Feb. 21, 2020 at 10:48 EST) Financial statements filed by Alyssum Holdings and Fly Victor Ltd. in early January and obtained by Private Jet Card Comparisons anticipated the company’s tenuous future.

Auditors GrantThornton at the time wrote, “Uncertainty around the repayment or refinancing of this indicates the existence of material uncertainty, which cast significant doubt about the Company’s ability to continue as a going concern.”

Privatejet.com sparks a second lawsuit

private jet charter bankruptcy

Private jet charter broker Fly Victor and its CEO Clive Jackson are the subject of a second lawsuit by Don’t Look Media and Louis Spagnuolo

As the strobe light turns. After filing a lawsuit in June seeking $30 million from U.K.-based private jet charter broker Victor and its founder Clive Jackson over the privatejet.com domain, Don’t Look Media, LLC (DLM), and Louis Spagnuolo have filed a second lawsuit.

This time DLM is seeking $3 million. It alleges Jackson and others of “publicly and falsely accusing it of criminal behavior, and thereby destroying its business’ reputation.”

Private jet operators, brokers keep the music playing during the British Airways strike

As a strike by its pilots caused BA to cancel nearly all its flights, private jet charter companies said they saw an uptick in inquiries and bookings

Air Charter Service moved a 100-person orchestra and their instruments, while Air Partner saved a leadership team from missing their own corporate retreat

With British Airways canceling nearly all of its flights during a two-day strike by its pilots which ended yesterday, several private jet charter brokers and operators say there was an increase in both inquiries and flights booked.

“We saw a massive uptick for requests, both direct and from brokers,” said Bernhard Fragner, CEO of GlobeAir AG, an Austrian based operator of four-seat Cessna Citation Mustang very light jets.

Fly Victor seeks dismissal of $30 million privatejet.com lawsuit

“The allegations…are spurious claims which we emphatically deny,” says Clive Jackson, CEO of the U.K. based private jet broker

In its response, Victor provided bank records of over two dozen payments it says were made to the plaintiff as well as its notice to terminate the agreement dating from 2018.

Defendant Don’t Look Media had claimed to have not received any monies.

(Editor’s Note: Clyde & Co. says it did not issue a statement originally attributed to it in this article. In fact, the statement was provided by Alyssum, a client that Clyde & Co. represents in this litigation.)

Online private jet charter broker Fly Victor, its parent company, Alyssum, and CEO Clive Jackson are hitting back at Don’t Look Media, seeking dismissal of its $30 million RICO lawsuit filed in June over the website URL http://www.privatejet.com.

“Don’t Look Media and (its attorney) Farrow Law are shamelessly exploiting the judicial system to extort monies from Alyssum. This is a despicable act carried out by those that not only wish to damage our company but whose actions can only bring disrepute on the entire private industry,” Jackson told Private Jet Card Comparisons.

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