Call for Artists, Making Money at Juried Art Fairs, Craft Shows and Festivals
Just received notification that Sugarloaf has filed chap. 7 bankruptcy.
Im not sure Connie, I use an AE card because they offer so many protection benefits like extended warranty refunds, etc. I think it depends on what type of account and benefits your card comes with. My assumption is that they refund me and then try to collect the money themselves but don't quote me on that. They did ask me to hold on to the Sugarloaf Bankruptcy email, so that's why I think they may try to collect it.
Its worth noting that the charge could be reversed for whatever reason, I don't know bankruptcy laws and how credit card companies verify, but for now, I have my money back.
I filed a claim with my visa card as David suggested. It will take up to 60 days to resolve and who knows how the bankruptcy will effect the outcome. Thanks all for the guidance.
FYI, when your bankruptcy papers arrive, they will come in a white envelope from BAE Systems which is processing the notices to all interested parties. It may look like junk mail so watch for it. Mine came on 6/20 but I live close by. If you read the notice, pay close attention to #8 on the back of the notice page. It says "No property appears to be available to pay creditors. Therefore, please do not file a proof of claim now." So that means that there is no cash left in the company bank account and that all of our fees are gone. Thanks, George, Deann and Jackie.
I didn't do every Sugarloaf show but I did enough of them to see that certain vendors were favorites among the show management. I wasn't one of those. I wonder how many of the favorite vendors received refunds before they filed??? And I'm sure that the family collected their paychecks before filling too.
...I'm out $6500! I early paid for all 11 shows 2020. I don't know how they sleep at night knowing what they did to so many people.
I’m really sorry to hear that. This whole thing is starting to smell like a scam. The postponed dates never appeared on the venues calandars. I wonder if a fraud investigation could be started.
I don't think it was a scam, the government did shut everything down without a reopen plan. I think it was a perfect opportunity time wise, to get out of the business. The only part I'm having a hard time with is...why not offer it to someone else?
Because they can use bankruptcy to walk away from their problems today and restart later under another name. Look at the math.. say there were 300 booths at each show at an average price of $450. That is $135,000 in fees for each show. There were 11 shows so they collected nearly $1.5 million in fees for the 2020 shows. Thats a lot of money to burn through but they managed to do it.
I think your math is way low. Probably closer to 350-400 exhibitors and $700 per show including elec.(another scam). I also know of people who have paid fees for the spring of 2021 to get the discount. I have heard of people being out more than $10k. I think were are looking at a couple of mil at least. This whole thing stinks and I wish I knew how to get it investigated. People talk of their overhead, what? a couple salaries, an office, a three computers and a few desks and chairs? That's why there is no tangible property to liquidate. Like I said earlier, if they had intended to do the right thing, they would have refunded our fees before declaring. This is a cowardly theft of millions of dollars.