Hope & Glory festival company in liquidation
Creditors are seeking to reclaim £888,984, corporate recovery firm Butcher Woods has said, as the fall-out from the festival's cancellation continues
News By | 5 September 2017
Hope & Glory Festivals Ltd, the company behind last month’s ill-fated Liverpool festival of the same name, has followed Fyre Festival LLC into liquidation, as 32 creditors seek to reclaim almost £900,000, among them Liverpool City Council.
The inaugural Hope & Glory, which took place in the first weekend of August, was called off on its second day amid reports of bottlenecking, queues and cancellations, blamed by promoter Lee O’Hanlon on production manager Richard Agar.
Ticket agencies Eventbrite and Skiddle ultimately had to refund festivalgoers themselves, with Skiddle director Ben Sebborn saying it “became clear that our customers would remain out of pocket unless we intervened”.
“Any lessons learned will be implemented for future events run by outside organisations”
Insolvency firm Butcher Woods tells the …