Exciting Events, the company behind the disastrous Norwich Fortnite Live festival, has gone into liquidation after Epic Games filed a lawsuit against it in London’s high court.
The company hosted a Fortnite-inspired event without authorization from Epic, using the company’s trademarks and intellectual properties. Epic took the issue to court yesterday.
“These proceedings by Epic Games has had a catastrophic impact on the company’s ability to trade, which has forced Exciting Events Limited to cease all trading activities immediately and the director of Exciting Events will now seek to limit the losses to third parties as far as possible,” the company’s director Shaun Lord said in an email to ticket holders, according to The Guardian.
The festival was chaotic, according to attendees. There were about 2,800 people at the event, but only very few spaces for children to play and use simultaneously, such as an archery stand for only four children. This has led several parents to ask for refunds, claiming the infrastructure of the event was far from what was advertised.
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Exciting Events said the company’s assets “will be turned into cash and the funds distributed among the creditors, including the HMRC in the first instance. Where any funds are left over, the distribution will be equally divided amongst other creditors.”
The company has confirmed that “All Fortnite Live Spalding and Newark ticket holders will automatically be included on the creditor list. There will be no exceptions to this rule.”
Exciting Events’ liquidation also means there will be no Fortnite Live events in the future.