Tucson, Ariz., promoter Bradley Nozicka and his Phoenix-based associate William Gaylon recently filed for Chapter 11 bankruptcy, U.S. Bankruptcy Court Records show.
In the filing, Nozicka and Gaylon claimed assets of $10 million to $50 million with liabilities in the same range.
The pair filed Chapter 11 for five businesses: City Limits Inc. (Tucson), Corporate and Leisure Event Productions, BF Consulting, Old Pueblo Sounds and Hawthorne Development.
Among the creditors listed were the Arizona Department of Revenue, Internal Revenue Service, and several Tucson and Phoenix attorneys.
Nozicka’s Cal Productions was closed in March amid a flurry of lawsuits and accusations. Investors in the promotions company are seeking a reported $16 million in compensation.
Nozicka recruited investors for several years in an effort to bring big-name talent to Tucson, according to the suits. Alleged enticements included bringing
When the big shows didn’t happen, plaintiffs claim they were left with unpaid promissory notes.
Nozicka is accused of attempting to repay original investors with money from new ones.
Also named in the suits are Cal Productions principal Gaylon and Phoenix trust attorney Robert Rosepink. In March, Gaylon’s attorney told Pollstar his client claimed he did not know what Nozicka did with the money and had his own lawsuit against the promoter.
Meanwhile, a Maricopa County Superior Court judge appointed someone to oversee Nozicka and Gaylon’s assets until the civil lawsuits are settled.