GIRLS GONE WILD SEEKS CLOSURE OVER JUDGMENTS

Posted by Steven T. Lowe | Sep 12, 2018 | 0 Comments

On August 24, 2018, the Chapter 11 trustee for the companies responsible for the “Girls Gone Wild” brand of videos asked a California bankruptcy court to close all but one case against the company.

The trustee explained to the court that the only outstanding issue in the bankruptcy estate is a $2 million judgment entered last year against Girls Gone Wild founder, Joseph Francis (“Francis”). Francis, famous for his videos of “drunk and scantily-clad college-age women partying at events or popular resort destinations,” was subject to multiple lawsuits which includes claims against him based upon: selling drugs, prostitution, and promoting the sexual performance of women.

The Girls Gone Wild brands and several related companies filed for Chapter 11 bankruptcy in February 2013, at which time they claimed they had less then $50,000 in assets. According to multiple sources, the Girls Gone Wild entities funneled most of their funds to build a resort in Punta Mita, Mexico (known for celebrity visitors such as the Kardashians and Jennifer Aniston) to avoid payments to various creditors.

The case is In re: GCW Brands et al., case number 2:13-bk-15130, in the U.S. Bankruptcy Court for the Central District of California. 

* Lowe & Associates (“The Firm”) is a boutique entertainment and business litigation firm located in Beverly Hills, California. The Firm has extensive experience handling cases involving entertainment law, having provided top quality legal services to its clients since 1991. The Firm is recognized in multiple publications for its many achievements and high ethical standards, including Martindale-Hubbell and Super Lawyers.

Find us at our website at www.LoweLaw.com

 

About the Author

Steven T. Lowe

Steven T. Lowe is the principal of Lowe & Associates and the firms lead attorney, wielding over 30 years of experience as an attorney practicing in California.  After graduating from Vanderbilt University in 1980, Mr. Lowe earned his Juris Doctorate at...

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