The US Bankruptcy Court is looking into the messy aftermath of 2017's doomed Fyre Festival, The Fashion Law reports. The investigation by Gregory Messer, the court-appointed trustee overseeing Fyre Media'sliquidation, could see the likes of Kendall Jenner, Bella Hadid, Hailey Bieber, and Emily Ratajkowski issued with subpoenas to track down what happened to $26 million in investor cash.
According to reports (and two illuminating documentaries on Netflix and Hulu), Fyre Festival co-founder Billy McFarland paid around $5.3 million to modeling agencies, including DNA Models and IMG Models, which represent Hadid, Bieber, and Ratajkowski, all of whom appeared in a video promoting the festival. Jenner, meanwhile, was paid $250,000 and, according to Billboard, four months later made a post on Instagram promoting the festival.
Elsewhere, Soulja Boy, Waka Flocka Flame, and Jerry Media (aka FuckJerry) may also be issued with subpoenas after being paid $115,000, $150,000, and $90,000 respectively for posting promotional content. Jerry Media has told Billboard it was only paid $30,000. Messer also wants to subpoena 16 other companies involved in catering, drinks, and transportation at the festival.
Talent agencies ICM, CAA, and Paradigm, which booked acts such as Rae Sremmurd, Blink 182, and Major Lazer to play at Fyre, have already been issued with subpoenas. Whether the additional subpoenas are approved by the court remains to be seen. More information to follow.