Judge gives Woodstock 50 the go-ahead
Woodstock 50 can proceed as planned but must locate more funding as judge rules that former investor need not return the $18m demanded by event organisers
News By | 16 May 2019
A New York Supreme Court judge has ruled that Woodstock 50 investor Dentsu did not have the right to cancel the festival, but rejects organisers’ demands that Dentsu return $18 million to the festival account.
The ruling, the result of two days of legal proceedings, rejects the cancellation of the Woodstock anniversary event by Dentsu’s investment arm Amplifi Live. The company withdrew its support from the festival, organised by Woodstock co-founder Michael Lang, in April.
“Nothing in the [Financing and Production…
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