Adelaide’s General Admission Events falls into liquidation
Adelaide festival organiser, General Admission Events, which provided hospitality services, including staff and bar operations, to national festivals Groovin’ The Moo, FOMO, Parklife, Soundwave and Future Music has fallen into liquidation owing suppliers $85,000.
Its director Gareth Lewis told the Adelaide Advertiser that the company was affected after the collapse of FOMO Festival last year, which left them $150,00 out of pocket.
Lewis noted that the collapse of FOMO left his company holding the debts in South Australia and with “the festival industry shut down, there was no other way to raise the money to pay off the debts.
“We did approach the State government last year to see if they would pay the local suppliers who were owed money but they rejected our pleas.”
The suppliers lost $85,000, according to ASIC documents, while the Australian Tax Office was the biggest creditor owed nearly $125,000.
At a meeting held early in April, General Admission Events’ company members made the decision to wind up the company and appoint liquidator Daniel Lopresti from Clifton Hall.
The move does not affect the related General Admission Entertainment, which runs the Adelaide UniBar and the Adelaide Beer & BBQ Festival.
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