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Verboten Files For Chapter 11 Bankruptcy

After being seized by authorities earlier this week for owing roughly $360,000 in taxes, New York club Verboten has now filed for Chapter 11 Bankruptcy and has been allowed to operate at full capacity again.

The venue’s owners, Jen Schiffer and John Perez, filed on Thursday evening, which means that for the time being at least, Verboten is allowed to stay open while they attempt to restructure their financial situation.

“Chapter 11 allows us to protect and consolidate our assets so we can operate this club with good partners, have successful events, bring in patrons, and move forward without being tortured, harassed and bled dry by a small number of our investors,” Schiffer told Thump over the phone this afternoon. “We have every intention to keep working with the state.”

According to Schiffer, the seizure was unexpected, as they’d been having “ongoing negotiations” with the state in regards to coming up
See full article at We Got This Covered »

Brooklyn Nightclub Verboten Has Been Shut Down And Seized

Brooklyn nightclub Verboten has been seized by authorities and is expected to discontinue business operations indefinitely.

After becoming a staple of house and techno enthusiasts for organizing events in and around New York City, the nightlife brand established itself in a more permanent North Williamsburg location two years ago. Earlier today, however, authorities entered the property, locked it up and put up the the following notice:

The nightclub’s managers, Jen Schiffer and John Perez, had been accused of fraud and mismanagement by investors back in January. While seizures of this type typically result from a business’ failure to pay taxes, sources familiar with Verboten’s inner workings speculate that it came about more specifically due to members of the nightclub’s staff failing to report a portion of its cash admissions.

Spokespeople on behalf of Verboten have yet to make an official statement regarding the seizure, but we’ll
See full article at We Got This Covered »

Eva Longoria Joins Stars As Co-Chair Of United Farm Workers 50th Anniversary

United Farm Workers (Ufw) has announced Honorary Co-Chairs of the Ufw 50th Anniversary 2012 year-long celebration.

The distinguished group of entertainers, public officials, dignitaries and Hispanic national leaders is led by Helen Chavez, wife of founder Cesar Chavez. Among today’s named co-chairs include actors Eva Longoria, Diego Luna, Tony Plana, Lupe Ontiveros, Martin Sheen, America Ferrera, Danny Glover, Ed Begley Jr., Edward James Olmos, Benito Martinez, screenwriter Keir Pearson, musical superstars Kris Kristofferson, Taboo of the Black Eyed Peas, U.S. Senator Dianne Feinstein (D-ca), U.S. Congressman Howard Berman (D-ca), U.S. Congresswoman Nancy Pelosi (D-ca), California Senate President proTempore Darrell Steinberg (D-Sacramento), California Speaker of the Assembly John Perez, Rabbi Steven B. Jacobs, Cardinal Roger Mahony, Archdiocese of Los Angeles, Henry Cisneros, Executive Chairman, CityView, Dr. Robert Ross President and CEO, The California Endowment, Janet Murguia, Nclr President & CEO, Thomas A. Saenz, Maldef President and General Counsel, and Arturo Vargas,
See full article at Look to the Stars »

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