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2020
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Woodstock 50 Quietly Settles Contentious Legal Battle With Financial Backer
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variety.com
variety.comWoodstock 50 festival that wasn’t are still smoldering, but one of the key financial disputes appears to have been stomped out.
A lawsuit that the aborted festival’s producers filed last year against the financial backer that pulled out before the gathering was canceled, Dentsu, was resolved with a confidential settlement.Variety has examined the settlement filing, which was filed Dec.
15, 2020 with the Supreme Court of the state of New York State, wrapping up the suit that Woodstock 50 filed against Dentsu last summer.
Any terms or money exchanged were not disclosed as part of the court papers.“The parties have settled this matter on confidential terms,” says the document signed by attorneys for both parties.
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