Mnuchin files for dismissal in his action against UberJets

small judge gavel placed on table near folders

The former Treasury Secretary had previously asserted in court filings a connection between defunct JetCard Plus, run by Paul A. Svensen, Jr., and Paul M. Svensen and UberJets

In papers filed with the Supreme Court of the State of New York, County of New York, lawyers representing Steven T. Mnuchin, Inc. (STM) requested the court to dismiss with prejudice his action against UberJets, LLC, Paul M. Svensen, and Paul A. Svensen, Jr.

JetSuite’s SuiteKey customers unhappy with bankruptcy offer

JetSuite

In a filing last week, the grounded private jet charter operator outlined what its jet card customers might receive in exchange for their $50 million in unused flight credits

What’s nearly $50 million in unused flight credits worth when your jet card provider goes bust?

The answer looks to be less than customers had hoped for, but more than past bankruptcies and closures.

Mnuchin asserts UberJets ties to JetCard Plus and Paul A. Svensen, Jr. in lawsuit follow-up

Steven Mnuchin private jet

The U.S. Treasury Secretary is still looking recoup nearly $220,000 he lost to defunct private jet charter broker JetCard Plus

In yet another lesson showing it doesn’t matter who you are, it pays to do proper research before you buy into a jet membership program, the check wasn’t in the mail.

U.S. Secretary of the Treasury Steven T. Mnunchin still hasn’t received the $219,623 judgment he won from JetCard Plus and its former CEO Paul A. Svensen, Jr. last May in a Florida Court.

UberJets denies ties to defunct jet card broker JetCard Plus

JetCard Plus, a private jet charter broker, closed earlier this year after it was hit by a $220,000 judgment in favor of Treasury Secretary Steve Mnuchin

Paul M. Svensen is registered as manager of UberJets LLC in Massachusetts and listed as CEO on its NBAA membership page. His LinkedIn profile still lists him as sales director of JetCard Plus

Paul A. Svensen Jr. was CEO of JetCard Plus, which is no longer an active company, and before that, COO of Jet Network LLC, a jet card seller that went into bankruptcy around 2007

In 2016, Paul A. Svensen Jr. registered another aviation business at the same Hingham, Massachusetts, address where Paul M. Svensen registered UberJets LLC, in August 2017

FlyUberjets.com promises members savings on full aircraft charters and empty leg flights

UberJets LLC denies any affiliation to Paul A. Svensen Jr. or JetCard Plus

UberJets LLC, a charter broker selling private jet memberships from a Park Avenue address in New York City promises “unlimited access to book and travel worldwide to luxury lifestyle destinations.”

It denies having any affiliation to a private aviation company that closed earlier this year amid litigation and a top executive, Paul A. Svensen Jr., who was CEO of that company and COO of another that also failed.

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