A state supreme court judge granted Hexcel Corporation’s motion for an order of seizure against Luminati Aerospace Wednesday.
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Tag: Luminati Aerospace
A Germany-based company that sold a $147,000 machine to Luminati Aerospace in 2016 has filed a federal lawsuit alleging Luminati failed to pay the final $91,000 owed and failed to return or disclose its location once the payments stopped, according to court documents filed April 10 in the Eastern District Court of New York.
(more…)The Riverhead Town Board Thursday voted to hire an outside law firm to help the town collect unpaid runway use agreement fees and unpaid false alarm fees owed to the town by Luminati Aerospace LLC.
(more…)Facing eviction from the space it has been leasing at the Enterprise Park at Calverton, Luminati Aerospace has agreed to leave the former Grumman Plant 6, its attorney said Wednesday. READ
A Stamford, Conn.-based company that loaned Luminati Aerospace $10 million in 2016 is now taking the company to court, claiming it has defaulted on that loan. Hexcel Corporation is asking the courts to seize property belonging to Luminati at the Enterprise Park at Calverton in order to turn it over to them, and they are also asking that the due date on the loan be accelerated so it is due immediately. READ
Riverhead’s current Town Board inherited a reckless giveaway of what’s left of EPCAL for a fraction of fair value to serial fraudster Daniel Preston and his start-up Luminati. After the property was tied up without a penny of consideration for almost a year, the board then, in effect, allowed Mr. Preston to assign his letter of intent to various permutations of entities allegedly controlled by the Ghermezian family. Mr. Preston’s involvement was sufficiently suspect that Supervisor Laura Jens-Smith and her running mates during last year’s campaign called for an independent investigation into prior dealings between then-Supervisor Sean Walter and Luminati. READ
There was one phrase Luminati Aerospace attorney Robert Hasday repeated several times during last week’s qualified and eligible sponsor hearing: “Things happen.”
Why did Luminati’s past business relationships fall apart? “Things happen.” READ
Triple Five Group chairman Nader Ghermezian told an audience of about 25 people at the Riverhead Chamber of Commerce meeting Wednesday night that he owns more than 100 companies, including some industrial and aviation companies that could open new facilities at the Enterprise Park at Calverton if Riverhead Town accepts their proposal. READ