It’s been a rough week for Insomniac, the promotion company behind Electric Daisy Carnival. But the good news (well, for you, the general EDC ticket-holder, not so much for the people in charge) is that legal troubles won’t stop the festival from taking place in June.
According to reports in the L.A. Weekly and Los Angeles Times, Go Ventures promoter Reza Gerami, along with L.A. Coliseum ex-general manager Patrick Lynch and events manager Todd DeStefano, were arrested March 22, presumably in connection to a kickback scheme that could have netted DeStefano more than $1.5 million from Insomniac and Go (producers of the Love Festival).
At the time, Insomniac founder and CEO Pasquale Rotella was at Miami’s Winter Music Conference. The following day, Rotella surrendered to county court.
His attorney, Gary Jay Kaufman, put out a statement saying, in part, “In the meantime, it is business as usual for Insomniac. The company has a robust leadership team in place implementing Mr. Rotella’s vision, and no events will be impacted.”
So what does this all mean for EDC? Well, probably not much on the local front. Indictments have yet to be handed down, and it’s hard to imagine something happening soon enough to affect the festival less than two months away.
It’s a fairly landmark case, though, in that it will mark the first time a sitting judge will be wearing fur boots under his robes and using a glow-in-the-dark gavel.