A popular music festival has collapsed after being unable to pay its debts.
Last Wednesday, the NSW Supreme Court ordered ITP Music Pty Ltd to go into liquidation,
The business traded under the name NYE In The Park and was behind a popular end of year celebration that operated in Sydneys CBD.
At its peak, it boasted headline acts in its line up such as Flight Facilities, Lime Cordiale and Cut Copy.
Logistics company Kennards Hire took legal action against NYE In The Park in February over an unpaid debt of an unspecified amount.
The court appointed Vincent Pirina of insolvency firm Aston Chace Group as the liquidator.
NYE In The Park appears to have been on its legs for some time, with no activity on its social media since the 2022/2023 New…
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