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Tampa concert promoter declares bankruptcy as Air Supply agent sues

TAMPA — The band's contract called for fresh flowers in the dressing rooms and full rolls of toilet paper in the bathrooms. Six bottles of Corona or Heineken and three bottles of merlot for the lead singer.

What Air Supply wanted during two Florida shows, concert promoter Frank Giglio supplied. Except for $25,000, half of the band's agreed-upon fee.

Now the agency representing the '80s pop vocalists joins a list of creditors waiting to see if they'll ever recover money from Giglio, 51, who declared bankruptcy this week.

Chapter 7 bankruptcy petitions for Giglio and his Tampa-based businesses, SoundStage Live and SSL Entertainment, outline more than $300,000 in debts to 28 creditors while counting just $2,000 in assets.

"This was the right time to do that," said Giglio, who also filed for bankruptcy in 2009. "I'm going to have to regroup."

In 2004, Giglio told the St. Petersburg Times that he was turning his life around. He had served more than a year in prison in 2001 on assorted charges including theft and fraud — crimes that he blames on drug abuse.

Giglio says he has been clean and sober for a decade. Through his company, Eastern Events, he coordinated the 2004 BBQfest in Brandon, co-sponsored by the Times, and the 2005 BBQfest in Pinellas Park. More recently, he has produced and promoted concerts in Florida and the Tampa Bay area.

In regards to the payment problem with Air Supply, Giglio said Wednesday, "I don't think I've done anything wrong."

Air Supply's talent agency, the Los Angeles-based Agency for the Performing Arts, filed a lawsuit in Hillsborough Circuit Court earlier this month to recover $25,000 from Giglio.

Giglio acknowledges that he bounced two checks for $12,500 each, written to the All Out of Love singers as final payments for two shows in August, one in Fort Lauderdale and the other at the Palladium theater in St. Petersburg.

Giglio said he couldn't pay because he never received ticket-sale proceeds from the Palladium and Ticketmaster, which sold a portion of the concert's tickets. A Ticketmaster official said Friday she was unfamiliar with the matter and could not immediately comment.

After learning that one of Giglio's former business associates intended to file suit against him, the Palladium withheld $12,000 in box-office revenue, said Paul Wilborn, the theater's executive director.

The Palladium is part of St. Petersburg College. The college's attorney advised waiting until the case is resolved to determine whom to pay, Wilborn said.

But that still leaves Air Supply out $25,000 from Giglio: "Why he didn't pay the artists after bouncing checks is completely beyond me," said Jaime Kelsall, one of the band's booking agents.

Giglio calls the returned checks an "isolated incident," but his bankruptcy filing portrays a man long ensconced in debt. There are unsettled credit card balances and $118 due to a landlord who took him to court in 1995.

The petition also details 15 years of unpaid court judgments, the most recent from 2010. Among them are these:

• $135,000 owed to Yellow Cab Co. of Tampa.

• $75,000 owed to ExtremeTix of Houston, Texas.

• $14,600 owed to Citibank of Sioux Falls, S.D.

• $11,000 owed to Sunbelt Rentals of Fort Mill, S.C.

• $9,000 owed to Bryan Media of Brandon.

• $8,400 owed to IPC International Corp. of Bannockburn, Ill.

• $7,600 owed to Cambas Transportation Group of Clearwater.

Against the list of debts, Giglio reports few assets. He lives with his mother, according to the petition, drives a 1996 Jeep and owns $100 worth of clothes.

His bankruptcy filings report zero net income. He averages $1,000 monthly earnings and $1,000 monthly expenses, the filings state. In state corporation records, SSL Entertainment lists its address as a box at a UPS store on Dale Mabry Highway.

Until a bankruptcy trustee and a judge review Giglio's petition, creditors won't know whether they'll get what they're owed.

But for Nelson P. Castellano, it's not just about the money. The Tampa surgeon and president of American Concerts filed one of the two suits that remain open against Giglio, accusing him of breaching a 2009 contract for co-promoting a concert series at the Ritz Ybor.

"He's not a professional," Castellano said about Giglio. "My purpose for the suit is to expose him as a fraud."

Times news researcher John Martin and staff writer Dolly Brosan contributed to this story. Stephanie Wang can be reached at swang@sptimes.com or (813) 661-2443.

Tampa concert promoter declares bankruptcy as Air Supply agent sues 03/11/11 [Last modified: Friday, March 11, 2011 10:11pm]
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