Tag: Mike Hill

Complaints Filed in AvCraft Bankruptcy

Bankruptcy trustee Michelle Vieira filed adversary proceeding complaints against directors of AvCraft Technical Services recently in bankruptcy court.

Vieira, the Plaintiff, is the court appointed bankruptcy trustee for KNH Aviation Services Inc. d/b/a AvCraft Technical Services in the matter of the Chapter 7 bankruptcy filing of the company, Case #15-01641-dd in U.S. Bankruptcy Court District of South Carolina.

The causes of action include breach of fiduciary duties by the defendants for capitalization of the debtor, sale and lease agreements with Sun Air, removal of equipment and self dealing.

The defendants are former owners and directors of KNH Aviation Services Inc. d/b/a AvCraft Technical Services, Mike Hill, Donald Kamenz, Derek Nice and Carol Drew along with the owner of Sun Air and former AvCraft director Jesper Lundberg and Sun Air of Scandinavia A/S.

KNH Aviation Services was put together by Mike Hill. He originated the company and got Kamenz, Nice and Drew to come in as investors to buy AvCraft Support Services in a foreclosure sale from AvCraft’s principal debtor, Maple Financial of Toronto.

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Open Letter to Horry County Council

The following letter was sent in e-mail form to all members of Horry County Council by an Horry County resident and taxpayer. A copy was provided to Grand Strand Daily. The author expresses his experiences through the years with applying for a job at our newest economic development incentive recipient AvCraft.

Dear Sir or Madam

My name is Andy McCormack and I have been a resident and tax payer of Horry County for 14 years, I have owned a home in Horry County for 13 years and I have 26.5 years as a skilled aircraft painter and 3.5 years of aircraft wire harness fabrication/installation experience. In 1996 I received my permanent residency visa from US immigration based on my skills and experience as an aircraft painter.

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Council Votes on AvCraft Incentives Tuesday

Horry County Council will vote on approving a $100,000 incentive package and formalizing a reduced rental agreement for AvCraft Technical Services, Inc. at its regular meeting Tuesday night.

Council reconsidered the $100,000 incentive package after initially approving it for a code named company. When AvCraft was named as the recipient in late December 2011, some council members moved to reconsider the approval based on AvCraft’s past employment history.

The new incentive package calls for AvCraft to add an additional 150 jobs to its current work force, which is approximately 57 full-time employees.

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Council to AvCraft “Sell Us”

Mike Hill, Chief Operating Officer of AvCraft Technical Services, Inc., will have the opportunity next week to demonstrate to Horry County Council members why the county should provide economic development funds and reduced rent to his company.

Hill complained to the media last week that he ‘failed to understand why some area politicians continue to criticize his business (AvCraft) which has no financial or ownership relation to the one that failed to live up to job promises years ago.’ Now Hill has the opportunity to sell council on the idea that the present AvCraft is indeed a new company, but he will have to provide supporting documents and other information to justify that position.

Council voted 9-3 Tuesday night to hold up those funds and a new, reduced rent lease agreement until AvCraft and the Myrtle Beach Regional Economic Development Corporation (MBREDC) make a presentation to council’s Committee of the Whole (COW) on the benefits to the county of moving forward with the deal.

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Reconsidering the AvCraft Bailout

Horry County Council could vote to reconsider the $100,000 economic development incentive package it approved at its December 13, 2011 regular meeting, according to an article published yesterday in the Myrtle Beach Sun News by reporter David Wren.

Council members voted to approve the incentive package for a code named business and did not realize the recipient was AvCraft Technical Services until publicly announced two weeks after the vote. After AvCraft was announced as the recipient in a press conference, some council members became incensed.

Since the controversy erupted, Myrtle Beach Regional Economic Development Corporation chief executive Brad Lofton and Mike Hill, Chief Operating Officer of AvCraft, have joined council chairman Tom Rice in trying to spin that the current version of AvCraft is a new company, not the same old one that has consistently failed to add new jobs to the area.

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