News

Woodstock 50 Can Proceed, But Japanese Financier Doesn't Have To Return $18M, Judge Rules

3 monthes ago   |   By Stereogum

Denstu will not have to return the $18 million it withdrew from a bank account it shared with Woodstock 50, a New York Supreme Court justice ruled Wednesday. More »
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Judge allows Woodstock 50 to proceed as planned

Judge allows Woodstock 50 to proceed as planned

3 monthes ago   |   By Consequence of Sound

Woodstock 50 isn't dead yet.
Today, a judge in New York Supreme Court ruled that Woodstock's chief financial backer, Dentsu Aegis Network, does not have the right to unilaterally cancel the festival.
The ruling is a victory for Woodstock co-founder Michael Lang, who was adamant that Dentsu had no authority to announce the festival's cancelation late last month. However, Lang still has a long way to go if he hopes to successful stage a 50th anniversary celebration of Woodstock.
In his ruling, Judge Barry R. Ostrager said Denstu does not have to return the $17.8 million dollars it withdrew...
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Woodstock 50 Court Ruling: Fest May Continue As Planned

3 monthes ago   |   By Pitchfork

Former investors Dentsu will not have to return the $17.8 million Woodstock organizers claimed was “pillaged”
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Woodstock 50 Can Proceed, But Japanese Financier Doesn't Have to Return $18M, Judge Rules

Woodstock 50 Can Proceed, But Japanese Financier Doesn't Have to Return $18M, Judge Rules

3 monthes ago   |   By Billboard

Denstu will not have to return the $18 million it withdrew from a bank account it shared with Woodstock 50, a New York Supreme Court justice ruled...
Read more ...

 


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