Festicket files moratorium
The festival discovery and booking platform's directors are reportedly in talks with a third party as they bid to thrash out a rescue package
News By James Hanley | 24 August 2022
The future of festival discovery and booking platform Festicket is uncertain after the company filed for moratorium. The course of action “gives struggling businesses formal breathing space in which to explore rescue and restructuring options, free from creditor action”.
A Companies House filing, listed today, shows the moratorium’s start date as 17 August, with Chris Farrington and Ben Woodthorpe of London-based Resolve Advisory appointed as insolvency practitioners.
A spokesperson for Festicket tells IQ they are not in a position to…
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