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SURVIVAL OF ORGANIZATION DANCE VALLEY “DOUBTFUL”

Posted in Headlines

dance-valley2013

The Dutch partyorganizer UDC is running towards bankruptcy, according to a sentence of a labordispute between the director and an employee.

A marketingemployee of UDC requested a resolution of the labour agreement, on which UDC filed an objection.

The cantonal judge decided that the labour agreement between both parties would be resoluted and that UDC has to pay a settlement of over €57.000.

The sentence states that it appears that the organizer of Dance Valley is “technically bankrupt”. The annual account of 2011 had been submitted, as was the statement of the accountant. According to the cantonal judge there is “enough evidence that the survival of UDC has become doubtfull”.

Guilty
“However that will not be used in determining the height of the settlement. UDC has been found guilty in a higher degree”. The cantonal judge has disowned the defence of UDC and charges the director with ontrue treatment.

NU.nl has tried to make contact with UDC about the sentence and the threatning bankruptcy, but the organization says to have ‘no comment’ on the matter. UDC is also the organization that hosts Cape Fear and Ground Zero.

Source: NU.nl