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This website has
been set up by Michael I. Goldberg as the court-appointed Receiver
for Worldwide Entertainment Group. This website will be updated
often to keep creditors informed of the progress of the
Michael I. Goldberg, is the Court Appointed Receiver for Worldwide Entertainment, Inc., The Entertainment Group Fund, Inc., American Enterprises, Inc. and Entertainment Funds, Inc. (collectively, "Receivership Entities") in the case styled Securities & Exchange Commission vs. Worldwide Entertainment, Inc., et al., Case No.: 06-20975-CIV-HUCK (the "Receivership Case"). The following is a brief update on the status of the Receivership Case.
The Receiver continues to wind down the estate with regard to the Receivership Entities' interests in the Quay Park Arena, Jacksonville Land, and Life Insurance Policies. Please refer to the Receiver's 11th Report of the Receivership Entities by clicking here.
The Receiver has made three distributions to date of approximately $35 million to eligible creditors representing a 21.37% return of their principal investment(s).1 The Receiver believes there will be one more "final" distribution once all pending matters have been resolved. However, a date for the final distribution has not been set. The Receiver will update this website once a date for the final distribution has been determined.
Investors are continuously urged to keep their contact information
with the Receiver's office current. If you need to update your
contact information, please complete the Change of Address Form
found under the "Forms" tab of this website and submit it to the
Receiver in accordance with the instructions on the form. For
any other questions regarding this matter, please contact the
Receiver's office by calling (800) 223-2234.
If you wish to update your contact information, please click
For Most Recent Updates Click Here
Most Recent updates:
September 29, 2010 Notice of Filing and Michael I. Goldberg's Ninth Report Concerning the Condition of the Entertainment Group Fund, Worldwide Entertainment Inc. American Enterprises Inc. and Entertainment Funds Inc.
May 18, 2009 Omnibus Order (Paris Hilton)
1. For eligible
creditors with IRA investments, please be advised that your
distribution check has been mailed directly to your IRA
custodian unless you have directed our office otherwise. If you
have a change in your IRA custodian at any time, you need to
notify our office in writing of same. Please contact my office
at (800) 223-2234 for further instructions.
John P. (Jack) Utsick was extradited from Brazil on December 6, 2014, and was taken into custody on December 7, 2014 by the U.S. Marshall's Service and transported to Miami where he made his initial appearance before U.S. Magistrate Judge Jonathan Goodman. To read the complete story, please click here:
SPECIAL NOTICE TO INVESTORS FROM THE COURT
PLEASE DO NOT WRITE LETTERS OR CALL THE JUDGE, HIS LAW CLERKS, OR JUDICIAL ASSISTANTS REGARDING THIS CASE. THE JUDGE WILL NOT READ OR CONSIDER ANY EX-PARTE COMMUNICATIONS FROM INVESTORS. THERE ARE SPECIFIC RULES GOVERNING THE FILING OF DOCUMENTS WITH THE COURT THAT MUST BE FOLLOWED. IF YOU INSIST ON SENDING COMMUNICATIONS TO THE COURT, PLEASE CONSULT A LAWYER FOR THE PROPER PROCEDURE.
ANY QUESTIONS OR CONCERNS REGARDING THIS POLICY OR OTHER GENERAL CASE INFORMATION, SHOULD BE DIRECTED TO THE RECEIVER'S OFFICE BY CALLING (800) 223-2234, VIA E-MAIL AT WORLDWIDE@AKERMAN.COM, OR IN WRITING TO MICHAEL I. GOLDBERG, RECEIVER, 350 EAST LAS OLAS BLVD., SUITE 1600, FT. LAUDERDALE, FL 33301-2229.
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Last Updated on Tuesday, December 09, 2014