Fringe World have announced they will commence proceedings against the companies that have failed to pay artists and crew from the 2018 festival.
JumpClimb, an Perth based events management company that put on over 90 events as part of the 2018 festival, announced last week that they would be closing down. The collapse of the company has revealed that artist and crew who were not paid for their shows this year could be missing out on as much as $200,000 in tickets sales.
The board of Fringe World, the non-profit group that operates the festival, announced they would be instructing their legal partner K&L Gates to commence proceedings to place Noodle Palace Pty. Ltd and JumpClimb Pty. Ltd. into administration.
“The Directors of JumpClimb aren’t moving on this under their own volition and its leaving artists and production companies affected in a state of limbo. It is FRINGE WORLD’s position that it is in the absolute interests of all affected that an external controller be appointed over JumpClimb and Noodle Palace as soon as possible.” the organisation said in a media release.
The companies were operated by Directors Paul Fletcher and Aaron Rutter (pictured above). Aside from a statement posted on their website and social media channels announcing the company’s closure – the businessmen have made no additional statements to the media despite the widespread news coverage of their situation.
Fringe World has also announced that they will return all booking fees associated with tickets sold to the artists affected.
“This will put up to $85,000 to the problem if the liquidators aren’t able to claw back the debts owed by JumpClimb to artists.” the organisation said.
OIP Staff