Following its Chapter 11 chapter, DreamTrips emerged because the successor to WorldVentures a few yr in the past. DreamTrips took place on account of Verona Worldwide Holdings buying WorldVentures’, particularly the MLM firm and Rovia (WorldVentures’ in-house journey companies supplier). BehindMLM reviewed DreamTrips in November 2021, following a November sixteenth launch announcement. A reader not […]
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As a part of WorldVentures chapter proceedings, Wayne Nugent is required at hand over ‘passwords to sure web domains that belong to’ mum or dad firm Spherature Investments. He hasn’t, prompting the Liquidating Trustee to file for contempt. Nugent is required at hand over the passwords as per November twelfth approval of Spherature Investments’ chapter
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When it filed for chapter final December, WorldVentures owed associates tens of millions of {dollars} in unpaid commissions. As a part of its acquisition of WorldVentures, DreamTrips Worldwide is now providing WorldVentures associates “as much as 60%” of owed commissions. DreamTrips Worldwide, owned by Verona Worldwide Holdings, claims it “will not be chargeable for WorldVentures’
DreamTrips offers affiliates “up to 60%” of owed commissions Read More »
The meat between WorldVentures’ present proprietor, Verona Worldwide Holdings, and former proprietor Wayne Nugent is beginning to take form. We first got here throughout information of a possible lawsuit between Verona and Nugent a number of weeks in the past. An interpleader criticism, filed by Seacret Direct towards Nugent, particulars fee points between the events.
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DreamTrips was initially the identify of WorldVentures’ journey service product. It has now been launched as a stand-alone MLM firm. Who owns DreamTrips is murky. WorldVentures filed for chapter in December 2020. These proceedings culminated in Verona Worldwide Holdings buying what was left of WorldVentures in June. On the time Verona Worldwide Holdings had no
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WorldVentures has settled its litigation in opposition to Seacret Direct and Eddie Head. The MLM firm, presently in center of chapter proceedings, filed go well with in opposition to the events earlier this 12 months. WorldVentures, litigating as father or mother firm Spherature Investments, knowledgeable the courtroom of the reached settlement on October twenty eighth.
WorldVentures settles with Seacret Direct & Eddie Head Read More »
The FTC has issued a minimum of 379 MLM corporations with misleading and/or unfair conduct notices. This was introduced by the FTC on October twenty sixth. If it slipped below your radar, you’re not alone. I realized of the FTC’s announcement through a tip despatched in by a reader. At first I believed there was
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Final month WorldVentures filed a proposed “compromise and settlement” reached with plaintiff Viva Voyage. The proposed settlement was permitted by the chapter on October 4th. As per the phrases of the settlement, WorldVentures and Viva Voyage will equally break up $574,180 held by the Courtroom Registry. The quantity, at challenge in each lawsuits, was deposited
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WorldVentures will exit chapter via a proposed acquisition by Verona Worldwide Holdings. As per a press-release issued by WorldVentures on June third; WorldVentures … is happy to announce that it has entered right into a binding settlement … with Verona Worldwide Holdings as a plan of reorganization sponsor below the chapter code. This settlement, valued
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WorldVentures has secured a preliminary injunction towards former government Kenneth E. Head (aka Eddie Head). As alleged by WorldVentures, upon leaving the corporate Eddie Head basically started replicating its journey alternative at Seacret Direct. The granted preliminary injunction prohibits Head, who was just lately appointed President of Seacret Direct, from having any involvement in Seacret’s
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