Johnston Carmichael appointed provisional liquidator of Rocksevents Limited
Donald McNaught, restructuring partner at Johnston Carmichael, has been appointed provisional liquidator of Rocksevents Limited.
The company, which ran the Electric Fields festival, confirmed the cancellation of the event following the relocation from Dumfries to Glasgow, earlier this week.
The liquidation has made the company’s remaining directors redundant. Those hired to work at the festival on a freelance basis will no longer be employed by the firm.
It was confirmed that Metronomy, The Vaccines and Frank Turner would be headlining this year.
Donald McNaught said: “Rocksevents Limited has been running the Electric Fields festival for the last five years.
“Overall, ticket sales were much lower than usual at Drumlanrig, so the festival relocated to Glasgow, expecting an uptake that didn’t materialise. With this considered, the directors concluded that it was not sustainable to continue with the festival this year.
“Although our immediate focus is on the firm, remaining ticketholders are advised to contact their booking agent directly to arrange a refund.”