$4.3M judgment entered against Latitude 360 and its CEO

A $4.3 million judgment was entered Wednesday against Latitude 360 and its CEO because of an unpaid Swiss loan.

Latitude 360 CEO Brent Brown did not show up for Wednesday’s hearing.

Court documents show that Brown’s attorneys quit last month because he cannot pay them.

The local hotspot shut down in January. Since then, Action News Jax has uncovered evidence of millions in unpaid taxes, employee paychecks, rent and other debts.

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John Tucker, who is representing Swiss lender Karl Wadsack, said it’s going to be difficult for his client to recover the money that the company owes.

“Well, the issue is going to be, what assets does Mr. Brown have or the company have that are not already subject to liens? And we’re just going to have to look and see what we can find,” Tucker said.

Brown has not responded to Action News Jax’s questions about Wednesday’s hearing.

A photo appears to show Brown boarding a plane to Pittsburgh earlier this week.

Cox Media Group