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A New York City judge has ruled that Michael Lang's 50th anniversary Woodstock cannot be canceled by the financiers that elected to pull out, but his decision also frees the firm from having to put $18 million back into the event Lang sought in his filing. Amplifi Live issued a statement indicating that the company plans no further financial backing for the event, citing "...the compressed time frame and multiple health and safety concerns".

Permits are still pending for the event, which now appears likely to be capped at a much lower capacity than the 150,00 that Lang reportedly planned to seek approval for.

The loss of financing, the revenue hit reducing potential attendance by more than 50% would result in and the amount of work that needs to be done at the Watkins Glen site leave Lang with plenty of obstacles to overcome in a relatively short period of time.