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Federal Bankruptcy Judge Asked to Ban Girls Gone Wild Founder Joe Francis From Corporate Offices

Written by Bruce Feinstein, Esq. on . Posted in Bankruptcy Blog

Joe-Francis-Girls-Gone-Wild-Creator-joe-francis-33081328-470-313

A federal judge was asked to ban Joe Francis, the founder of the soft-core Girls Gone Wild franchise, from the company offices. The trustee running the company alleges he is a violent man who has threatened company employees.

According to papers filed by the bankruptcy trustee R. Todd Neilson, Francis threatened GGW Brands LLC employees with “violent acts”. Girls Gone Wild filed bankruptcy after a lawsuit involving Wynn Las Vegas LLC and others last February.

In the court papers, Neilson said that Joe Francis claims he doesn’t have ownership or control of Girls Gone Wild despite having an office at the company’s Los Angeles HQ. In April 23rd’s complaint filed in Los Angeles U.S. Bankruptcy Court, Neilson also alleges that Francis is trying to maintain control of the company despite a court order that appointed a trustee.

According to the filing, Francis “made violent threats to the debtors’ employees and attempted to fire them based on his belief that they were not being sufficiently obsequious to him and were not obeying his commands” just days after the trustee’s appointment.

In their Chapter 11 bankruptcy filing Girls Gone Wild listed debts totally $16.3 million and assets of only $50,000. The lion’s share of the debt comes from court judgments against Joe Francis.

Francis has not yet responded to requests for comment on the Neilson’s allegations.

In re: GGW Brands, LLC 13-15130, U.S. Bankruptcy Court, Central District of California (Los Angeles)

[Source: Bloomberg]

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