REPORT: Ultra Music Festival Owners Fined $866,000 In Breach of Contract

Since , Florida-based Worldwide Entertainment Group Inc., promoters the Ultra Miami Music Festival, and Adria MM Productions Ltd., a Croatian firm that produces music festivals in Croatia and Europe, have been in litigation. Yesterday, the swimsuit lastly concluded, with each events being discovered responsible respective fenses.


Yano Rubinstein, lead counsel for Adria, claimed that Worldwide had “secretly sabotaged Adria’s communication channels, each internally and with its clients.” Effectively, Rubinstein claimed, Worldwide had tapped Adria’s emails by altering their passwords and forwarding all emails to Worldwide’s attorneys. Adria’s firm emails and social media pages had been additionally affected.”

Worldwide additionally allegedly informed ticket distributors to show over all proceeds to them immediately.

Rubinstein continued, “They discovered that Adria was discussing doing a special competition with somebody Worldwide thought-about a competitor. Once Worldwide realized that Adria was not more likely to signal one other five-year contract, they did all the things they might to power Adria to signal. This included seizing the monies from the ticket gross sales.”

A Miami decide declared Worldwide was responsible breach contract and intentional interference with the enterprise relations Adria and ordered the corporate to pay $866,000 in damages. However, the jury additionally discovered that Adria had breached its contract with Worldwide, and owed $366,211 in damages.

As for the way this impacts Ultra Europe in 2019 is unclear.

 

 | Photo