'I agree that I'm responsible for every dollar owed to investors and ticket-holders,' says Billy McFarland.
"I agree that I'm responsible for every dollar owed to investors and ticket-holders," says McFarland.'s request to withdraw his attorney from bankruptcy proceedings on Thursday, meaning the Fyre Fest founder will represent himself moving forward. dated Oct. 1, McFarland asked for permission to remove his attorney,, and his firm, the Law Office of Tallen PC, from the failed festival's Chapter 7 bankruptcy case.
Based on McFarland's letter to Glenn and the judge's order approving his attorney's removal, McFarland seems likely to accept whatever amount the trustee determines the creditors lost. He will be responsible for that amount, minus what monies the trustee can claw back from those who profited off the festival.
He also said the "commitment to recovery is one I take extremely seriously, and one I look forward to dedicating myself to post-release." In so doing, he said his first step will be causing the judge, the court, the trustee and relevant attorneys "the least amount of friction."
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