Vantage Customers Seek a Legal Voice in Bankruptcy Proceedings – Cruise Industry News

Vantage Customers Seek a Legal Voice in Bankruptcy Proceedings – Cruise Industry News

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Leaders of a gaggle referred to as Vantage Journey Prospects Search Restitution are asking the U. S. Chapter Court docket to nominate a Buyer Committee to grant 1000’s of Vantage Journey clients voice and authorized illustration in the course of the tense and complicated proceedings, based on a press launch.

Based on the assertion, with over 500 signatures, the petition was submitted July 17 to the U. S. Trustee Eric Bradford.

The group mentioned that Vantage clients, principally senior residents, symbolize the biggest group of unsecured collectors with $80 million owed to them because of cancellation of cruises and excursions.

“As soon as a Buyer Committee is appointed by the court docket, we hope a full-scale investigation will probably be launched into what occurred to all of the advance funds made by shoppers for excursions and cruises that by no means operated,” mentioned Robert Hert, co-founder of the Vantage buyer group. “This could embrace thorough monetary forensics into Vantage Journey, its overseas associates and proprietor Henry. R. Lewis”

The chapter court docket additionally notified clients that Vantage Journey intends to promote its property to the very best bidder with a number of corporations expressing curiosity. At present, there’s a bid for $1 million by United Journey Pte. Ltd, a Singapore company which, in alternate would obtain the Vantage buyer listing.

Court docket paperwork point out the purchaser has agreed to supply future credit score to sure clients which has been reported to be 20 p.c off of the brand new firm’s journey providing.

“That is an insult to these of us who’ve labored so onerous and saved for years with a view to take a once-in-a-lifetime journey with members of the family,” mentioned Hert. “If the brand new proprietor stands to realize hundreds of thousands of {dollars} in enterprise, it behooves them to be beneficiant in remedy of those that have been jilted by Vantage and its questionable enterprise practices.

“We believed our cash was in secure arms. We thought we have been doing the whole lot proper, particularly by taking out journey safety that carried the Allianz identify. It by no means crossed our minds that Vantage Journey is likely to be financially unstable or that our journey safety wouldn’t cowl us in the event that they went bankrupt,” added Hert.

There are a whole bunch of individuals, predominantly seniors, gathering on-line who’re sharing tales and asking for assist in in search of restitution because the property of Vantage are being offered to the very best bidder.

“I deliberate a safari journey with my 81-year-old mother since I simply retired from 30 years as a trainer,” mentioned Hert. “This was purported to be a celebration of life and it was a nightmare. Not only for me, however for 1000’s of individuals like me.”

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Alex Lorel

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