Jennifer Harrington

The U.S. Bankruptcy Court, Southern District of Florida, issued an order late last month holding Jet Network FC Holdings (JNFC), JetCard Plus and JetCard CEO Paul Svensen in contempt of court for allegedly violating a December 8 court order to submit documents and information about Svensen’s former employer, Jet Network LLC. The Florida Secretary of State administratively dissolved Jet Network LLC in 2007 and the IRS seized a majority the company’s assets. According to a lawsuit filed last year by Alan Goldberg, the Chapter 7 trustee of Jet Network LLC, Svensen used the remaining funds to launch JNFC. Goldberg’s lawsuit accuses Svensen, JNFC and JetCard Plus of trademark infringement and other violations. Two former clients of Jet Network LLC, William Wood and DHL Express, have also filed lawsuits in the past year seeking to recover money they placed in escrow accounts for Jet Network LLC’s FlightCard program. Svensen, a former senior vice president and cofounder of Sentient Jet, countersued Wood last June. Svensen’s attorney, Jose Sanchez, did not return calls to AIN.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Charter Broker Svensen in Legal Hot Water

The U.S.

2024 Corporate Aviation Leadership Summit

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News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

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New service is intended to bridge the gap when aircraft are being bought and sold

SkyBridge Offers Aircraft Sellers Use of Fractional Fleet

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New developments at airports including regulations and noise issues; legal disputes; openings, acquisitions and mergers.

eVTOL aircraft could carry workers, business leaders, and tourists

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News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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