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Sunday, July 17, 2005

More info on refunds

From AF1's website:

IMPORTANT BANKRUPTCY UPDATE - TAKE ACTION BY AUGUST 15, 2005

AF1, please see the Trustee letter below regarding cancelled shows. If you DO NOT have the package in your mail, email customerservice@aeroforceone.com for a copy of the affidavit and proof of claim forms.

ANDERSON AQUINO LLP
COUNSELORS AT LAW
260 FRANKLIN STREET
BOSTON, MASSACHUSETTS 02110
(617) 439-3500
_____
FACSIMILE (617) 439-0400

John J. Aquino
jja@andersonaquino.com
July 11, 2005

TO: Purchasers of tickets for cancelled Aerosmith concerts June 6, 2004, June 14, 2004, and June 16, 2004 -

Dear Ticket Purchaser:

I am the trustee appointed by the United States Bankruptcy Court to administer the bankruptcy estate of Fansrule, Inc. (“Fansrule”). As you may be aware, prior to its bankruptcy, Fansrule operated the Aeroforce One Fan Club. The records of Fansrule indicate that you purchased one or more tickets to Aerosmith concerts which were originally scheduled for the dates and venues listed below, but which were ultimately cancelled.

June 6, 2004 Birmingham, AL
June 14, 2004 Scranton, PA
June 16, 2004 Virginia Beach, Virginia

Thanks in large part to the efforts of Aerosmith and the band’s willingness to forego collection of a very significant amount of money due to them by Fansrule, as well as to the cooperation of Clear Channel, the concerts’ promoter, we have been able to obtain Bankruptcy Court approval to make refunds available to ticket purchasers which otherwise would not likely be available through the bankruptcy process. As such, we are able to refund the face value of the tickets to those who purchased tickets for cancelled shows and who have not received refunds or credits to their credit card accounts to date.

Enclosed with this letter are two documents – one entitled “Proof of Claim”, and a second entitled “Affidavit”. Those who are eligible for ticket refunds should complete the information requested on both forms, and return the completed forms to the address below as soon as possible, but in no event later than August 15, 2005.

Please note that the refunds presently available are for the face value of the tickets purchased only. Those individuals who purchased Velvet Rope packages or other promotional packages, or who otherwise incurred charges above and beyond the face value of the tickets may also submit a proof of claim form for the entirety of their claims, however, only the face value of the tickets, as reflected on the tickets themselves, will be refunded at the present time. In completing the enclosed forms, please provide as much specific information as may be available so that we may process your claim as quickly as possible. At a minimum, please identify which of the cancelled concert(s) you purchased tickets, the number of tickets purchased, and the amount paid. Because we must confirm all claims for refunds with records we have on hand and with records provided by credit card companies, it would also be helpful if you could provide a copy of the credit card statement which reflects the ticket purchase charges. Again, please note that refunds are available ONLY for the face value of the tickets purchased, and ONLY for those purchasers who have not already received refunds or credits from their credit card company. Federal law provides that it is a crime to submit a false claim in a bankruptcy case, and all requests for refunds must be confirmed by my office. To ensure that no refunds are requested by those who have already received refunds or credits from their credit card company, we are requesting that eligible ticket purchasers also complete the “Affidavit” form enclosed herewith. The Affidavit is a statement by the person requesting the refund which is sworn under the pains and penalties of perjury, and which verifies that no refunds or credits have already been received with respect to the claim being submitted.

Should you have any questions regarding the information contained in this letter, you may contact me by telephone at the office address set forth at the top of this letter, or you may contact me by email. I will do my best to assist you in the processing of your claim.

Completed claim forms should be mailed to:

John J. Aquino
Chapter 7 Trustee
ANDERSON AQUINO LLP
260 Franklin Street
Boston, MA 02110

Very truly yours,
John J. Aquino


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