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Premier Exhibitions Claim Objection Filed

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Premier Exhibitions’ Official Committee of Equity Security Holders filed with the U.S. Bankruptcy Court an objection to Claim No. 29-1 (the ‘Claim’) of PacBridge Capital Partners (HK) (“Claimant”). The Committee asserts, “On October 21, 2016, Claimant filed the Claim asserting a general unsecured claim against the Debtors in the amount of $1,195,350.39 for ‘Financial Advisory Services’. In support of its Claim, Claimant attached to its Proof of Claim a purported agreement for financial services (the ‘DinoKing Agreement’), dated as of September 1, 2014 between Claimant and DinoKing Tech, (‘Dinoking’)….DinoKing is a Canadian wholly-owned subsidiary of Premier and has not filed for bankruptcy protection. It is not a debtor under any of the cases filed in this Court. Claims that may be assertable against DinoKing are not claims against any of the Debtors within the jurisdiction of this Court. The Equity Committee objects to the Claim on the primary basis that the Debtors have no liability to Claimant for the payment of any services provided to DinoKing.”

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