Joe Francis: ?Girls Gone Wild? Bankrupt - GoFuckYourself.com

Jman · 02-28-2013, 12:48 PM

No big surprise here. Another pussy that doesn't pay his debts

Girls Gone Wild founder Joe Francis filed for Chapter 11 bankruptcy protection for his soft-core porn business, GGW Brands LLC, amid a legal battle with casino mogul Steve Wynn.

Francis, 39, filed for bankruptcy on Wednesday in California, a move that will protect his assets against a long-standing lawsuit by Wynn, reported the Wall Street Journal.

Among the four largest creditors that Francis listed, the largest was $10.3 million in disputed debt with Wynn Las Vegas. The dispute stems from a $2 million gambling debt Francis incurred during a trip to the resort in Feb. 2007, according to court papers.
Last year, a judgment of $7.5 million was given to the hotel for defamation “stemming from Francis’s public attack falsely accusing Wynn of deceiving customers,” according to the lawsuit filed by the resort. In September, a jury awarded Wynn another $20 million for punitive damages for slander.

http://abcnews.go.com/blogs/business...wild-bankrupt/

TurboAngel · 02-28-2013, 12:49 PM

I'm sure he'll be just fine.

;)

L-Pink · 02-28-2013, 12:51 PM

On top of being a colossal dick he's also a welsher of gambling debts. What a pussy.

.

_Richard_ · 02-28-2013, 12:51 PM

so the company isn't bankrupt, just the founder?

Tofu · 02-28-2013, 12:52 PM

$2 million blown into debt in a month, in a single casino?

Who does that???

lezinterracial · 02-28-2013, 12:57 PM

Looks like the company filed for bankruptcy. He overdid the commercials. They were playing all the time at night on Comedy Central. I saw him treating girls that wanted to be on Girls Gone Wild pretty bad backstage. Then he went on Oprah and acted like the nice guy. Pretty big dick, but seems to enjoy being that way.

More info on Bloomberg
http://www.bloomberg.com/news/2013-0...egas-debt.html
"The company behind the ?Girls Gone Wild? videos filed for bankruptcy to protect itself from a $10.3 million debt claimed by Steve Wynn?s Wynn Las Vegas LLC and a $5.8 million award won by a woman who says the company used naked images of her without permission. "

GonZo · 02-28-2013, 12:57 PM

Joe Francis is the only guy I know that was busted for a 2257 infraction.
Way to go Joe!

NaughtyRob · 02-28-2013, 01:08 PM

AsianDivaGirlsWebDude · 02-28-2013, 01:09 PM

ADG

Spunky · 02-28-2013, 01:46 PM

Hookers and blow isn't cheap

baddog · 02-28-2013, 01:50 PM

Quote:

Originally Posted by Tofu

$2 million blown into debt in a month, in a single casino?

Who does that???

Why would a casino allow it?

DWB · 02-28-2013, 01:50 PM

2014 AVN keynote speaker?

MrMaxwell · 02-28-2013, 01:55 PM

I ain't even reading this
With a moron like him running shit, what the fuck, who the fuck would not have expected this?

The sky is blue

Him and sleazy should start a gay nightclub together and pee on each other
Because, hey, it's okay to be a complete waste of a lack of air even if the air isn't there
They both aren't even that

Morons

Qbert · 02-28-2013, 02:09 PM

Quote:

Originally Posted by GonZo

Joe Francis is the only guy I know that was busted for a 2257 infraction.

He plead to it, wasn't convicted by a jury. Feds don't really want 2257 to be tested in court. If memory serves all he got was a fine and time served. Of course this was all taking place while a whole shit storm of other legal issues were swirling.

marcop · 02-28-2013, 02:09 PM

Quote:

Originally Posted by Tofu

$2 million blown into debt in a month, in a single casino?

Who does that???

A loser.

TrashyGirl · 02-28-2013, 02:25 PM

Quote:

Originally Posted by baddog

Why would a casino allow it?

Because they probably made $20 million off of him before he went $2 million in the hole

EliteWebmaster · 02-28-2013, 02:28 PM

How this douche fucks up the best niche converting market that hits mainstream is beyond me. Seriously, even the most dense people not involved in the adult industry knows what Girls Gone Wild is and Fancis somehow doesn't capitalize on this and fucks it up to this point shows how truly stupid and a douche he is. My lord, he is truly the poster child for epic fail

LeRoy · 02-28-2013, 02:30 PM

Quote:

Originally Posted by DWB

2014 AVN keynote speaker?

Top notch

Forest · 02-28-2013, 02:33 PM

Quote:

Originally Posted by baddog

Why would a casino allow it?

Casinos extend Multi Million dollar lines of credit to people all the time. Most of them pay their debts. But big players can walk into a casino and get a line no questions asked.

GonZo · 02-28-2013, 02:38 PM

Quote:

Originally Posted by Forest

Casinos extend Multi Million dollar lines of credit to people all the time. Most of them pay their debts. But big players can walk into a casino and get a line no questions asked.

You still got your GGW truckers hat?

FreeHugeMovies · 02-28-2013, 02:39 PM

That's one guy I can't stand.

GrantMercury · 02-28-2013, 02:54 PM

He's a shithead.

Rochard · 02-28-2013, 03:04 PM

I thought this was less about his gambling and more about him being sued, including being sued by Steve Wynn.

kane · 02-28-2013, 03:50 PM

The millions he owes other makes the few hundred his program owes me seem pretty small

L-Pink · 02-28-2013, 03:51 PM

Toe to Toe with Steve Wynn in a legal battle

.

AdultPornMasta · 02-28-2013, 03:56 PM

The filing will only mean that his creditors will be partially paid as the result of the liquidation of all or part of the cash or assets of the company and the remainder of the debt will be discharged.

He will be back in business in no time.

SleazyDream · 02-28-2013, 04:40 PM

Quote:

Originally Posted by Jman

No big surprise here. Another pussy that doesn't pay his debts

Takes one to know one.......

Mark67 · 02-28-2013, 04:54 PM

Is the website still going?

alias · 02-28-2013, 05:18 PM

Quote:

Originally Posted by SleazyDream

Takes one to know one.......

Proof or ban.

SleazyDream · 02-28-2013, 06:03 PM

Quote:

Originally Posted by alias

Proof or ban.

dude, it's been on here a gillion times before. get with the program.

AaronM · 02-28-2013, 06:08 PM

Quote:

Originally Posted by SleazyDream

Takes one to know one.......

Apparently I'm not the only person who saw the irony of that post.

Gator · 02-28-2013, 11:16 PM

Quote:

Originally Posted by GonZo

You still got your GGW truckers hat?

I had one of those and don't remember how I got it. I was embarrassed to even have it. It wasn't long before that went in the trash.

Gator · 02-28-2013, 11:20 PM

BTW, what a c*** to give all that money to a casino. Use the money to clean up your town you piece of shit! Egomaniac.

Matt 26z · 02-28-2013, 11:28 PM

Wasn't he worth over $100 Million at one point?

idolbucks · 03-01-2013, 12:03 AM

Seems like a lot of stress

Socks · 03-01-2013, 07:27 AM

http://www.dailymail.co.uk/news/arti...S-pay-out.html

It's not just players who reneg on their gambling debts, it's also casinos! Refusing to pay him $11m pounds that he won in 7 hours.

PS: The youtube video at the bottom of that page vs Paul Jackson is one of his most famous hands ever. I happened to be in the room at one of the oldest and most prestigious casinos in the world in Monaco watching that hand live.

seeandsee · 03-01-2013, 07:31 AM

Fucking shit, why i dont get chance to run such business

Supz · 03-01-2013, 07:32 AM

Hes hiding his money for the sake of the lawsuit.

CDSmith · 03-01-2013, 08:10 AM

Quote:

Originally Posted by Tofu

$2 million blown into debt in a month, in a single casino?

Who does that???

A loser. That's who.

Forest · 03-01-2013, 08:12 AM

Quote:

Originally Posted by GonZo

You still got your GGW truckers hat?

left it in the back seat of that cab with the hooker on my Bday

GonZo · 03-01-2013, 08:51 AM

Quote:

Originally Posted by Forest

left it in the back seat of that cab with the hooker on my Bday

Ah yes good times that will not be forgotten.

The Ghost · 03-02-2013, 01:51 PM

Quote:

Originally Posted by Socks

http://www.dailymail.co.uk/news/arti...S-pay-out.html

It's not just players who reneg on their gambling debts, it's also casinos! Refusing to pay him $11m pounds that he won in 7 hours.

PS: The youtube video at the bottom of that page vs Paul Jackson is one of his most famous hands ever. I happened to be in the room at one of the oldest and most prestigious casinos in the world in Monaco watching that hand live.

Wtf not paying Phil Ivey. Insane.

I'd like more info on this part of the story:

"Accompanied by a ‘beautiful Oriental woman’, Mr Ivey, a 35-year-old Californian, was playing Punto Banco, which is a skill-free variant of baccarat, when he struck a remarkable winning streak."

mechanicvirus · 03-02-2013, 02:54 PM

Looks like PBBC got another one

purecane · 03-04-2013, 03:27 PM

joe will be back...there's a big difference between "bankruptcy protection" and being broke....

JP-pornshooter · 03-04-2013, 04:17 PM

Quote:

Originally Posted by AdultPornMasta

The filing will only mean that his creditors will be partially paid as the result of the liquidation of all or part of the cash or assets of the company and the remainder of the debt will be discharged.

He will be back in business in no time.

dont forget that means his most valuable asset as well... all the pretty content.
guessing GGW owns all that as well.

but damn he had talent and balls when he first started.

tokmansta · 03-04-2013, 05:07 PM

It's always the same with these flamboyant guys... *cough* Ryan eagle *cough*

georgeyw · 03-04-2013, 05:16 PM

These guys have been chasing (threatening) me to hand over a ggw domain for a few years. They won't pay what is owed, so why the hell hand over a domain to these assholes. As far as i'm concerned, hope Joe gets fucked in the ass by a glass covered dildo, followed up by a lemon juice colonic irrigation.

MrMaxwell · 03-06-2013, 02:48 AM

http://www.theonion.com/video/girls-...-of-wet,31526/

adultchatpay · 03-06-2013, 03:10 AM

He's still young at 39, i am sure he can recover quickly

NinjaSteve · 03-06-2013, 03:43 AM

Does this mean GGW Cash won't be paying webmasters from the 2008 accounting issues?

02-28-2013, 12:48 PM	#1
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,718	Joe Francis: ?Girls Gone Wild? Bankrupt No big surprise here. Another pussy that doesn't pay his debts Girls Gone Wild founder Joe Francis filed for Chapter 11 bankruptcy protection for his soft-core porn business, GGW Brands LLC, amid a legal battle with casino mogul Steve Wynn. Francis, 39, filed for bankruptcy on Wednesday in California, a move that will protect his assets against a long-standing lawsuit by Wynn, reported the Wall Street Journal. Among the four largest creditors that Francis listed, the largest was $10.3 million in disputed debt with Wynn Las Vegas. The dispute stems from a $2 million gambling debt Francis incurred during a trip to the resort in Feb. 2007, according to court papers. Last year, a judgment of $7.5 million was given to the hotel for defamation “stemming from Francis’s public attack falsely accusing Wynn of deceiving customers,” according to the lawsuit filed by the resort. In September, a jury awarded Wynn another $20 million for punitive damages for slander. http://abcnews.go.com/blogs/business...wild-bankrupt/ __________________ Wowify AI API Porn.AI Affiliates Porn AI email: [email protected] Teams: jean.francois.laverdiere TG: @jman1216 Last edited by Jman; 02-28-2013 at 12:59 PM..

02-28-2013, 12:52 PM	#5
Tofu The Video Specialist Industry Role: Join Date: Jul 2003 Location: California Posts: 5,615	$2 million blown into debt in a month, in a single casino? Who does that??? __________________ tofu916 video services - tofu916.com twitter: tofu916 \| skype: tofu916 \| tel: 916-672-TOFU \| e: tofu # tofu916.com

02-28-2013, 12:57 PM	#6
lezinterracial Confirmed User Industry Role: Join Date: Jul 2012 Posts: 3,073	Looks like the company filed for bankruptcy. He overdid the commercials. They were playing all the time at night on Comedy Central. I saw him treating girls that wanted to be on Girls Gone Wild pretty bad backstage. Then he went on Oprah and acted like the nice guy. Pretty big dick, but seems to enjoy being that way. More info on Bloomberg http://www.bloomberg.com/news/2013-0...egas-debt.html "The company behind the ?Girls Gone Wild? videos filed for bankruptcy to protect itself from a $10.3 million debt claimed by Steve Wynn?s Wynn Las Vegas LLC and a $5.8 million award won by a woman who says the company used naked images of her without permission. " __________________ Live Sex Shows

02-28-2013, 12:57 PM	#7
GonZo Confirmed User Industry Role: Join Date: Jul 2002 Location: Atlanta,Ga. Posts: 3,180	Joe Francis is the only guy I know that was busted for a 2257 infraction. Way to go Joe! __________________ Assclown Bob Rice wants to BANG your credit card! "I am putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage." All the information above is my personal opinion.

02-28-2013, 01:08 PM	#8
NaughtyRob Two fresh affiliate progs Industry Role: Join Date: Nov 2004 Location: Inside teen pussy Posts: 29,602	__________________ [email protected] Skype: 17026955414 Vacares Web Hosting - Protect Your Ass with Included Daily Backups

02-28-2013, 12:49 PM	#2
TurboAngel H.B.I.C. Industry Role: Join Date: Jun 2003 Location: NC Posts: 30,122	I'm sure he'll be just fine. ;)

02-28-2013, 12:51 PM	#3
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	On top of being a colossal dick he's also a welsher of gambling debts. What a pussy. .

02-28-2013, 12:51 PM	#4
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,989	so the company isn't bankrupt, just the founder?

02-28-2013, 01:09 PM	#9
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

02-28-2013, 01:46 PM	#10
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,934	Hookers and blow isn't cheap __________________ *YOUR INFORMATION HERE*

02-28-2013, 01:50 PM	#12
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	2014 AVN keynote speaker?

02-28-2013, 01:55 PM	#13
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	I ain't even reading this With a moron like him running shit, what the fuck, who the fuck would not have expected this? The sky is blue Him and sleazy should start a gay nightclub together and pee on each other Because, hey, it's okay to be a complete waste of a lack of air even if the air isn't there They both aren't even that Morons

02-28-2013, 02:28 PM	#17
EliteWebmaster Confirmed User Join Date: Feb 2010 Posts: 3,975	How this douche fucks up the best niche converting market that hits mainstream is beyond me. Seriously, even the most dense people not involved in the adult industry knows what Girls Gone Wild is and Fancis somehow doesn't capitalize on this and fucks it up to this point shows how truly stupid and a douche he is. My lord, he is truly the poster child for epic fail

02-28-2013, 02:39 PM	#21
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	That's one guy I can't stand.

02-28-2013, 02:54 PM	#22
GrantMercury Confirmed User Industry Role: Join Date: Jul 2012 Location: Boston, MA Posts: 1,626	He's a shithead. __________________ http://www.taboophonesexfantasy.com http://www.thekittykatclub.com

02-28-2013, 03:04 PM	#23
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,456	I thought this was less about his gambling and more about him being sued, including being sued by Steve Wynn. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

02-28-2013, 03:50 PM	#24
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	The millions he owes other makes the few hundred his program owes me seem pretty small

02-28-2013, 03:51 PM	#25
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Toe to Toe with Steve Wynn in a legal battle .

02-28-2013, 03:56 PM	#26
AdultPornMasta Confirmed User Industry Role: Join Date: May 2012 Posts: 1,506	The filing will only mean that his creditors will be partially paid as the result of the liquidation of all or part of the cash or assets of the company and the remainder of the debt will be discharged. He will be back in business in no time. __________________ "The world is full of obvious things which nobody by any chance ever observes."

02-28-2013, 04:54 PM	#28
Mark67 So Fucking Banned Industry Role: Join Date: Feb 2013 Location: At Home Posts: 269	Is the website still going?

02-28-2013, 11:20 PM	#33
Gator Confirmed User Industry Role: Join Date: Feb 2002 Location: Don't live on GFY Posts: 1,119	BTW, what a c*** to give all that money to a casino. Use the money to clean up your town you piece of shit! Egomaniac.

02-28-2013, 11:28 PM	#34
Matt 26z So Fucking Banned Industry Role: Join Date: Apr 2002 Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤ Posts: 18,481	Wasn't he worth over $100 Million at one point?

03-01-2013, 12:03 AM	#35
idolbucks Confirmed User Join Date: Dec 2008 Posts: 914	Seems like a lot of stress __________________ Idol Bucks - always more...

03-01-2013, 07:27 AM	#36
Socks Confirmed User Industry Role: Join Date: May 2002 Location: Toronto Posts: 8,475	http://www.dailymail.co.uk/news/arti...S-pay-out.html It's not just players who reneg on their gambling debts, it's also casinos! Refusing to pay him $11m pounds that he won in 7 hours. PS: The youtube video at the bottom of that page vs Paul Jackson is one of his most famous hands ever. I happened to be in the room at one of the oldest and most prestigious casinos in the world in Monaco watching that hand live.

03-01-2013, 07:31 AM	#37
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Fucking shit, why i dont get chance to run such business __________________ BUY MY SIG - 50$/Year Contact here

03-01-2013, 07:32 AM	#38
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	Hes hiding his money for the sake of the lawsuit.

03-02-2013, 02:54 PM	#43
mechanicvirus Confirmed User Industry Role: Join Date: Feb 2005 Location: Southern California Posts: 3,796	Looks like PBBC got another one

03-04-2013, 03:27 PM	#44
purecane Annakin Skywalker Industry Role: Join Date: Jan 2013 Location: megaminds' secret lair Posts: 1,324	joe will be back...there's a big difference between "bankruptcy protection" and being broke.... __________________ [email protected]

03-04-2013, 05:07 PM	#46
tokmansta Confirmed User Industry Role: Join Date: Jan 2013 Posts: 566	It's always the same with these flamboyant guys... cough Ryan eagle cough

03-04-2013, 05:16 PM	#47
georgeyw 58008 53773 Industry Role: Join Date: Jul 2005 Location: Australia Posts: 9,864	These guys have been chasing (threatening) me to hand over a ggw domain for a few years. They won't pay what is owed, so why the hell hand over a domain to these assholes. As far as i'm concerned, hope Joe gets fucked in the ass by a glass covered dildo, followed up by a lemon juice colonic irrigation. __________________ TripleXPrint on Megan Fox "I would STILL suck her pussy until her face caved in. And then blow her up and do it again!"

03-06-2013, 02:48 AM	#48
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	http://www.theonion.com/video/girls-...-of-wet,31526/

03-06-2013, 03:10 AM	#49
adultchatpay Let's Make Money Industry Role: Join Date: Dec 2008 Posts: 8,784	He's still young at 39, i am sure he can recover quickly

03-06-2013, 03:43 AM	#50
NinjaSteve Too lazy to set a custom title Industry Role: Join Date: Dec 2003 Posts: 11,089	Does this mean GGW Cash won't be paying webmasters from the 2008 accounting issues? __________________ ...