The Nordic Live Production has again filed for bankruptcy.
The Kokkola Wine Festival is one of Nordic Live Productions Oy. Riga Grasshill
The creditor has filed for bankruptcy for gig organizer Nordic Live Productions Oy. The case will be revealed in the bankruptcy application submitted on February 4. The bankruptcy application made by the creditor was confirmed to Iltalehti from the Ostrobothnian District Court.
Nordic Live Productions Oy organizes several well -known festivals such as Kokkola Wine Festival, Hanko Summer Festival, Hanko Wine Festival, Vaasa Festival, Kainuu Music Festival, Raseborg Festival, Polar Sound Festival and Espoo Wine Festival.
The creditor is applying for a claim of around € 27,000 from Nordic Live Productions.
Nordic Live has applied for debt restructuring. In the reorganization application, the amount of debts is about EUR 5 million.
Iltalehti reported another bankruptcy application in January. This application has been canceled as Nordic Live paid the claims. At that time, Iltalehti reached out to Tommi Mäki, CEO of the company, to comment.
– This is a completely unjustified bankruptcy application. Our lawyer is handling the matter and has been handling for several weeks, commented at the CEO of Nordic Live Productions Oy at the time.
Iltalehti did not reach Tommi Mäki comment on a new bankruptcy application or corporate reorganization.