Wednesday, July 8, 1998


Jimmy’s Travel
bankruptcy filing
delayed

The owner's lawyer needs
more time to receive data from
customers of the agency

By Russ Lynch
Star-Bulletin

Tapa

The owner of failed Las Vegas tour operator Jimmy's Travel won't file for personal bankruptcy until July 20, allowing more time for claims from the estimated 2,500 Hawaii residents who paid for trips they couldn't take, his attorney says.

Harrison P. Chung, lawyer for James K.S. Lee, said that customers who have claims should send written information by Tuesday to his office.

He said he hasn't been able to get enough information together to file Lee's personal bankruptcy, which he had said earlier would be filed July 13. Chung said access to records of the travel firm has been difficult and he represents only Lee himself, not the business.

Chung has already said that Lee doesn't have nearly enough money to pay all of the claims he expects to be filed.

There is at least $750,000 owed to prepaid customers and the only money available is $200,000 in an escrow account.

Jimmy's Travel, which went into business in January, abruptly closed two weeks ago, leaving travelers unable to get their tickets or refunds. Lee has moved out of his apartment and has been unavailable, although his lawyer says he is still in Hawaii.

The address to send in written information is: Law Offices of Harrison P. Chung, 841 Bishop St., #2105, Honolulu 96813. Information can also be sent by fax to 531-1339.

He advised customers not to send him canceled checks, receipts or other material they might need as evidence in filing bankruptcy claims. All he wants is names, addresses, telephone numbers and the amounts claimed, he said. Chung has set up an information telephone line at 591-0707.



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