He also had to put his two other planes up as collateral.īecause he hasn't made a payment in a year, the company is suing for either the money or the planes.
To remedy the situation, he sold the aircraft privately and gave the funds to Cessna, who gave him until 2017 to pay off the remaining balance. His issues with the company date back to 2007 when he had trouble making payments on his third plane. God, the way punks are treated these days.Īccording to a lawsuit filed this week, Cessna Aircraft Company says Holland owes them $782,422.16. The original 1998 cassette and CD versions of their fifth album, Americana did not contain a Parental Advisory label but their re-release. Doug Thompson was the original singer in 1984 when the band was called Manic Subsidal but had no official releases. TMZ reports that The Offspring lead singer Dexter Holland might be facing the repossession of both of his airplanes JUST BECAUSE he failed to pay for his third airplane. The Offspring was nominated for Best Group award at the MTV Europe Music Awards in 1999.
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