July 13, 2012 17:24
ATP put out statement about company restructure
Promoters re-confirm that all future events will continue after company goes into liquidation
ATP Concerts LTD, who put on the All Tomorrow's Parties festival in the UK, USA and Australia and also I’ll Be Your Mirror events and stand-alone gigs went into liquidation after a meeting of the company's creditors on June 28.
The company's founder Barry Hogan has now put out a full statement about the restructure, after an earlier statement reassuring ticket-holders that all future events will go ahead. It reads: "We have now completed a restructuring of the business of ATP Concerts Limited. This involved the Voluntary Liquidation of ATP Concerts Limited and transfer of its assets (including the rights to the All Tomorrow's Parties festival, label, and shows) to a new company called Willwal Limited."
He continues: "We will also be dividing the business into three different companies; ATP Festivals, ATP Recordings and ATP Shows. ??The team however, remain the same, having been transferred over to Willwal Limited - and the festival is still called All Tomorrow's Parties. All future events will continue as scheduled on the dates advertised and all tickets for those events are still valid." Hogan adds:
??ATP remains unwaveringly committed to hosting world class events. Since our inception it has been our mission to provide quality concerts for discerning music lovers around the world - our number one priority has always been the bands and the fans and we work hard, sometimes under difficult circumstances, to achieve the highest standards possible. It is a tough climate out there, but this restructuring will ensure that ATP is around for many more years to come. We thank the fans who have stood by us over the years and especially during this recent time of reorganisation.
All Tomorrow's Parties was founded by Barry Hogan in 1999. The National are set to curate the next UK festival at Camber Sands Holiday Camp, which will run from December 7-9.
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