Woodstock 50 clashes with former investor in court
Woodstock 50 attorney Marc Kasowitz asks judge to force former investor Dentsu to return $18m to the festival account, as the Woodstock saga heads to court
News By | 14 May 2019
The first day of legal proceedings between Michael Lang’s Woodstock 50 and former financial partner Dentsu Aegis took place in Manhattan’s state Supreme Court yesterday (Monday 13 May), with a ruling yet to be reached.
Lang, who was not present in court, has hired former Donald Trump attorney Marc E. Kasowitz to put forward his case against Dentsu’s Marc Greenwald, as the former partners hit the courts.
Kasowitz is seeking an emergency injunction to force Dentsu to redeposit the US$18 million it withdrew from the festival account, arguing that the funds are imperative for the event to go ahead.
The sparring match between Woodstock organiser Lang and media conglomerate Dentsu has been ongoing since Denstu’s investment arm, Amplifi Live, pulled the plug on the…
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