The biggest festival in British Columbia, Canada was just suddenly canceled after its organizers filed for bankruptcy.
Pemberton Music Festival, previously scheduled for July 13-16 and featuring headliners Muse, Chance The Rapper, and A Tribe Called Quest, will no longer be going on as planned as organizers have declared bankruptcy.
Because of this, attendees will not be issued an automatic refund for their purchase. According to Global News, ticketholders can “file a proof of claim form with Ernst & Young, which is the festival’s trustee in bankruptcy. However, determining if a refund is applicable will not be known for several weeks.” 
Breaking: 2017 Pemberton Music Festival canceled. Ernst & Young appointed trustee in bankruptcy. Details to follow. @GlobalBC @CKNW
— Jill Bennett (@jillreports) May 18, 2017
Documents say poss refunds for holders of 2017 #PembyFest tickets if tickets purchased with credit card. Festival cancelled. @GlobalBC
— Jill Bennett (@jillreports) May 18, 2017
Huka Entertainment, the promoter and planner for the cancelled festival, said in a statement:
“For the past four years, Huka Entertainment has worked to create a one-of-a-kind experience in the most beautiful place on earth. We are heartbroken to see the 2017 Pemberton Music Festival cancelled.
As a contract producer, Huka did not make the decision to cancel the festival. That decision was made by the Pemberton Music Festival, LP. We are extremely disappointed for our fans, artists and all of our partners who have supported the festival over the years.”
Documents also obtained by Global News show that the festival owes US $2.5 million to its creditors. Organizers say that there have been over $8 million in ticket sales this year, against $22 million in expenses.
via Global News
