Woodstock 50 appeal for funds return denied
Organisers of the Woodstock anniversary event have lost an appeal to recover $18m from former investor, Dentsu
News By | 24 June 2019
Woodstock 50 organisers have little hope of receiving the remaining US$18.5 million in festival funds from the event’s former investor – Dentsu Aegis’ investment arm Amplifi Live – after New York judges reject a court appeal.
The appellate court also ordered that the funds, held by the investor’s attorney during the appeal process, be released back to Dentsu.
The appeal followed a court ruling in which a judge rejected demands from the Woodstock 50 team that Amplifi Live redeposit the money…
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