Bankruptcy court sends Connor Cochran to liquidation, with new details about his shady business for The Last Unicorn Tour.

Peter Beagle supports the mission to expose and fix bad business practices by Connor Cochran. Connor is facing litigation in relation to this site – never trust info about it sourced from him.

Peter  just turned 79, with many birthday wishes from fans!

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BANKRUPTCY STATUS  

In January, Connor Cochran was due in court to face Peter’s claims of elder abuse. One day before trial, he filed for bankruptcy to evade it.  Cheated customers for undelivered goods were then angered at his insistence that it wasn’t real bankruptcy.

That manipulation can’t continue. In April, the bankruptcy court denied Connor’s attempt to get Chapter 11 restructuring and sent him to Chapter 7 liquidation. (Definition: he must sell business assets to pay creditors.) Expect games to hide assets – he already has a record of hiding personal income to dodge debts by disguising it as company expenses – but the dogs are on his heels.

The vast majority of value seems to be The Last Unicorn property. The next steps will decide what creditors get, including Peter. That’s now being sorted out with others, based on business done with the property after Cochran took control of it. Others may have honest claims, but at the least, Peter is breaking free of someone who isn’t.

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A CREDITOR’S STORY OF BEING CHEATED 

Sandbox LLC, the investors who funded The Last Unicorn Tour, sued Cochran for fraud when Peter did. A new legal document from them illuminates shady business by Cochran at the heart of this story:

  • It has the original 2012 agreement that Cochran made with Sandbox to fund the movie tour – he took $300,000 from them. (Page 17)
  • He promised the money would only be used for tour expenses until they were paid what they were owed. (Page 13)
  • Instead, Cochran spent tour funding as personal play money for luxury goods, massages, house landscaping, and a trip to Hawaii. (Page 12.)
  • They also sued for fraud, because Cochran conned them to pay based on his claim that he had permission to re-release a remastered version of the movie from ITV (the UK rights holders). He didn’t. (Page 14)
  • It supports what came out when this site was founded in 2014 – nonexistent goods were sold to customers with false promises about their creation.

There’s also a $6 million budget for Cochran’s plan to remaster the movie, including for merchandise and undelivered products. Customers should see this.

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WAS COCHRAN TRYING TO GET PAID AGAIN FOR ALREADY-SOLD PRODUCTS?

Look at that $6 million budget from 2012. (Page 19.) He was trying to get “targeted” funding from investors, SEVEN YEARS after taking orders for the products and promising delivery to customers. On top of that, it lists international publishing deals (Page 20) with 2015 delivery dates that had already repeatedly failed.

It’s a new document but a familiar story. Look at this LiveJournal post (archive) from 2005 about products he claimed were ready to manufacture. He said he was “ready to press the ‘go’ button“, then excused nondelivery with a “dog ate my homework!” story. It’s a good example of Cochran misleading people and covering up with excuses.

It repeated in May 2007 when the Conlan Press “The Raven” newsletter promised the product was ready to go to printers, but the dog ate the homework again and more help was needed. How many times?

Countless hundreds or thousands of customers never got goods they were promised. If you’re not listed as a creditor, you have a claim that may persist after bankruptcy. Speak out!

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SEEMS COMPLEX, BUT IT’S SIMPLE: COCHRAN IS THE COMMON DENOMINATOR

A regular reader may find the legal and business details hard to understand. Fogging up the story has always been Connor Cochran’s tool for leverage and to excuse himself; always claiming “it’s way more complicated than anyone knows!”

It’s not. He simply made promises he could never keep, with ever-growing greed while evading obligations and bullying those who spoke out, until the bubble burst.

Creditors now asserting claims include Peter Beagle, Sandbox LLC, and Cochran’s lawyer Rimon PC who hasn’t been paid over $600,000 for legal services. Service for Cochran included what a judge called “frivolous” litigation to bully Peter, and that lawyer wants his pay for it to come from the value of Peter’s creation.

Speaking of bullying: If Cochran could countersue Sandbox LLC, he probably would as he’s done to others. But the way he was forced to settle with them in 2016 is a clue about how badly he acted and how desperate he was.

The settlement (Page 22) only bought him an extra year to pay hundreds of thousands of dollars. Meanwhile he promised a new movie tour to make money without Peter – while claiming settlement with Sandbox was vindication for him. So sad that didn’t last. Did he expect to kill Peter’s lawsuit and find a big investor too? The tour didn’t return and his promise to pay failed. Now they’re coming to collect.

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WHAT ABOUT A LAST UNICORN MOVIE REMAKE?

A reader asked:

I am sure many of us are rather desperate to know – where does this leave the film rights? (I still – fervently – hope the live-action can be made during Peter’s lifetime, because if properly done, it would bring TLU the attention it deserves.)

Without a lawyer’s opinion, it’s hard to say, but it would help to fully detach Cochran’s suckers from Peter and his works. That would never happen if he got his way.  Thankfully he’s no longer empowered by other people’s money to keep up frivolous litigation. It would help to speak out in support of Peter. However things go for his fight, at least he has freedom to create new works and a long lasting fanbase.

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ESPIONAGE COSMETICS OWES ANSWERS ABOUT WHAT THEY’RE SELLING

Speaking of Cochran’s suckers – Espionage Cosmetics does NOT have Peter’s approval to sell Last Unicorn products, according to communication with Peter’s support team. So why did they say they do?

Immediately after Peter’s lawsuit was filed, Espionage was featured in the January 8, 2016 installment of The Raven, “a free email newsletter from Conlan Press regarding Peter S. Beagle’s work”. Their contract may be with ITV and/or Cochran (in some form) but it’s not with Peter, and he hasn’t received money for it (to the best of his team’s knowledge) since the start of the lawsuit.

Fans should demand proof, and buyer beware!

With this going on, only accept verification about Beagle-related goods directly from his official social media: SupportPeterBeagle.com, and The Real Peter Beagle on Facebook or Twitter. Don’t buy any Conlan Press goods including ebooks on Amazon. Do buy from Tachyon, Peter’s current publisher who pays him.

3 thoughts on “Bankruptcy court sends Connor Cochran to liquidation, with new details about his shady business for The Last Unicorn Tour.

  1. Not only is Connor not very good at business but he’s not very good at being a conman. He seems like a guy with mental problems, an over enflated ego, and the constant need to brag about how important he is or how busy he is. No one cares, Connor. They don’t care about you or your excuses, they just want what they paid for. The world does not care about you. Get over yourself.

  2. there are two parts to the movie remake- Peter had a few minor rights but rights a studio would want. ITV has the balance. They both have to play together. The problem is that Connor had Peter sign his rights to Avicenna.

  3. Just for the record… I am an individual who was promised a fancy Last Unicorn — with handwritten pages by Beagle and remarked by Conlan. Never received. It’s been years.

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