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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 receivership.

12/12/11 – MESSAGE FROM THE RECEIVER
I am pleased to announce that the third distribution checks have been mailed.1 The total amount of the third distribution was approximately $6 million and represents a 3.39% distribution to eligible creditors. To date, nearly $35 million in distributions have been made to eligible creditors representing a 21.37% return of their principal investment(s).2 I anticipate making a final distribution in the case once all matters are finalized. The date of the final distribution is unknown at this time, however, I will continue to report on the status of all pending matters periodically through this website.

 Please also be reminded that it is essential for you to keep us informed of your current contact information. All such changes must be made in writing by completing the Change of Address Form found under the "Forms" tab of this website.

Creditors may call (800) 223-2234 should they have any additional questions regarding this matter. You may also write to the Receiver's office at the address shown below.
Contact Information:

Telephone: 800-223-2234

Michael I. Goldberg, Receiver
Worldwide Entertainment
c/o Akerman Senterfitt
350 East Las Olas Boulevard
Suite 1600
Fort Lauderdale, FL 33301

Electronic mail: General Information: worldwide@akerman.com

For Most Recent Updates Click Here

If you wish to update your contact information, please click here

Most Recent updates:

October 25, 2011 Receiver's Second Amended Tenth Report On The Condition of the Receivership Entities

October 29, 2010 Receiver's Motion For Authorization To Make Second Interim Distribution To Creditors

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.

August 31, 2010 Order Granting Receiver's Motion to Approve Settlement

April 9, 2010 John P. Utsick Appeal Judgment

December 8, 2009 Receiver's 8th Report on the Condition of Worldwide Entertainment

July 29, 2009 Notice of Appeal

May 22, 2009 Final Judgment Setting Disgorgement and Prejudgment Interest and Imposing a Civil Penalty Against Defendant John P. Utsick

May 19, 2009 Findings of Fact, Conclusions of Law and Final Judgment Ordering Disgorgement, Prejudgment Interest, and a Civil Penalty Against Defendant John P. Utsick

April 17, 2006 Complaint for Injunctive and Other Relief

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.

2. This percentage takes into account both pre and post receivership distributions for some eligible creditors due to the "rising tide" method of calculating claims in this case. For more information on the "rising tide" theory, please refer to the FAQS section of this website.


**ALERT**

THE IRS HAS ADOPTED NEW TAX PROVISIONS FOR THE BENEFIT OF VICTIMS OF FINANCIAL FRAUDS. WE BELIEVE THAT THE VICTIMS OF WORLDWIDE ENTERTAINMENT MAY QUALIFY FOR SUCH TAX BENEFITS. YOU ARE ADVISED TO IMMEDIATELY CONSULT WITH YOUR TAX ADVISOR TO DETERMINE WHAT, IF ANY, TAX BENEFITS YOU ARE ENTITLED TO. PLEASE CLICK THE LINK TO REVIEW IMPORTANT INFORMATION RELEVANT TO THESE NEW TAX PROVISIONS:
Provision 1 and Provision 2

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 13, 2011