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User Name Thread Name Subject Posted
Howard Jones Closure of Folk Festivals (118* d) RE: Closure of Folk Festivals 04 May 18


Dick, it is entirely relevant whether festival directors are unpaid. You started this discussion by asking about festival failures "is this the result of business entrepreneurs trying to make a quick buck?" This is your usual trick, you start a thread by making a provocative statement framed as a question, and when it is disputed you deny that you meant any such thing.

If the directors were unpaid volunteers then there is no question of them making any bucks, quick or slow, and any mistakes which may have been made cannot be blamed on personal greed. Legally they are not personally responsible for the debts and, in my opinion anyway, being volunteers with no financial interest also means they do not have a moral responsibility.

This is meant to be about festivals in general but it keeps coming back to Beverley. If the directors were trading unlawfully, that will no doubt emerge during the administration. However it is not necessarily unlawful or immoral to trade whilst in debt, if there is a reasonable expectation that the income will be generated in due course to meet those debts. This is how a great many businesses are funded, especially where the income is largely generated some time after costs have been incurred. We don't yet know if the directors at Beverley were acting reasonably when they believed that they would get the funding which has now been withdrawn, but no doubt that too will emerge in time.


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