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.
Continue reading “Mnuchin files for dismissal in his action against UberJets”
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.
Continue reading “JetSuite’s SuiteKey customers unhappy with bankruptcy offer”