EDM conglomerate SFX Entertainment has found itself the subject of ongoing scrutiny in light of its recent bankruptcy filing, and in the days that have passed, numerous details of the company’s unsavory business practices have come to light. Most recently, after its bankruptcy filing, a list of SFX’s outstanding debts has reached the public.
Digital Music News obtained the list, and narrowed it down to only the 40 largest amounts. Among the more noteworthy individuals named is promoter Paolo Moreno, whom was just awarded an $11 million settlement after suing SFX Entertainment CEO Robert F.X. Sillerman for stealing the ideas which led to the company’s formation.
Many of the companies listed share direct ties to SFX – which would suggest a common interest in the company’s recovery. CrowdRX, for instance, was founded by SFX board member Andy Bazos – not to mention Postlight, which we revealed to have been an agency founded by laid-off Beatport engineers that the corporation apparently used as a means of avoiding a media circus.
The full list of the 40 biggest outstanding debts owed by SFX Entertainment is as follows:
1. Mountain B.V. (Jeroen H.J. Preller)
2. Lewis Holdings B.V. (Jeroen H.J. Preller)
3. Paolo Moreno; Gabriel Moreno; Lawrence Vavra; John C. Hueston
Hueston Hennigan LLP
4. React Presents, Inc.; Clubtix, Inc.; Lucas King; Jeffrey Callahan
Harlan D. Kahn, Esq.
Bronson & Kahn, LLC
5. Mike Bindra
Mitchell Lambert, Esq.; Robinson & Cole, LLP
6. Laurie DePalma
Mitchell Lambert, Esq.; Robinson & Cole, LLP
7. Beggars Canyon Investments Pty Ltd., trustee of The Skywalker Family Trust
8. Nightlife Holdings, LLC
9. Winston Farm Limited Partnership
10. Hoeksema Holdings B.V.
11. The Deyson Trust
12. The Raff Family Trust
13. The F. Cotela Family Trust
14. Paul Hastings LLP; William Sullivan, Esq.
15. Wesselink Holdings B.V.
16. BDO; Thomas McLoughlin
17. The Robot Samba Trust
18. VistaJet US
19. Jan Willem van der Meer
20. ID&T BVBA
21. A2 Live
22. Berco Beute
23. Steptoe & Johnson
Michael Rennock, Esq.
24. American Express
25. Epic Tents
26. Joe Rascoff
27. NetSuite
28. PRS for Music (formerly MCPS)
29. Postlight LLC
30. Facebook, Inc.
(David M. Serepca)
31. GAIA
32. Front Gate Ticketing Solutions LLC
33. Mabey, Inc.
34. Sunbelt Rentals, Inc.
35. Nachtlab
36. Prisa Mexico
37. Crowd RX
38. Galmiche Entertainment
39. Enterprise Rent a Car
40. Paxahau
