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    #46
    Now the legal proceedings have commenced: http://www.brooklynvegan.com/woodsto...-aegis-network

    Woodstock 50 is reportedly seeking forced arbitration for Dentsu, and the return of the $17 million it says was stolen.
    Meanwhile, Lang says he has until Friday to raise $30 million to save the festival.
    Coachella '02, '03, '04, '05, '06, '07, '08, '09, '10, '11, '12 W1, '13 W1&2, '14 W1, '15 W1&2, '16 W1

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      #47
      I’m gonna assume that this isn’t happening. But it will be fun to watch the aftermath

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        #48
        Well a justice from the NY Supreme Court has ruled that the investment firm originally backing Woodstock 50, Dentsu, and its subsidiary, Amplifi Live, had no right to cancel the festival and that organizer Michael Lang and his group can proceed holding it. However, Dentsu and Amplifi Live do not have to return the $17.8M that they withdrew from the shared bank account. This means that Lang must scramble to raise millions of dollars to secure permits and cover other expenses in order for the festival to take place in mid-August. Additional litigation and more drama are likely to follow.

        https://www.billboard.com/articles/b...n-judge-ruling
        Coachella '02, '03, '04, '05, '06, '07, '08, '09, '10, '11, '12 W1, '13 W1&2, '14 W1, '15 W1&2, '16 W1

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          #49
          Oh he most definitely SHOULD sue for them announcing it was canceled without having the power to do so. That act right there is an act of sabotage that will absolutely affect peoples willingness to buy tickets for the event.

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