Equipment Acquisition Resources—Sheldon Player
It appears the information regarding equipment being sold in the Equipment Acquisition Resource may be true, as US Bankruptcy Court Justice John H. Squires, Northern District of Illinois, Easter Division on December 10, 2009, signed legal papers to be effective December 31, 2009 with one of the proviso’s “Equipment lessors and secured lenders are granted relief from the automatic stay effective December 31, 2009 to proceed with their rights under applicable law.
March 16, 2010 George P. Apostolides filed a “Notice of Motion” to appear Thursday, March 25, 2010 to present “DEBTOR’S MOTION FOR AUTHORITY TO EXECUTE DOCUMENTS.” A list of creditors was attached.
While there is talk that the FBI is investigating Sheldon Player and other officers, no official notice or information has been made available.
EAR Stories
http://www.leasingnews.org/Conscious-Top%20Stories/Sheldon_Player.htm
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