KANSAS CITY, Mo.—Epic Holiday LLC, organizers of the festive event series known as Jingle, announced through their public relations firm, Will Gregory PR, that full payroll owed to event staff will be paid by the end of January. The announcement comes amid financial turmoil that has prompted the company to seek the services of a bankruptcy lawyer.
The company ensured that the majority of the payments to Jingle’s event staff will be processed next week, with the complete resolution of any outstanding amounts by January 31st. The information regarding these payments has been communicated to affected employees and has been officially reported to labor departments in Missouri and Kansas.
In a statement issued Thursday evening, the company expressed regret over the financial missteps that led to this predicament. It was revealed that mismanagement of funds earmarked for staff payroll, which were instead diverted to cover other expenses, largely contributed to these challenges. The company emphasized its commitment to rectifying the situation for its employees.
However, the financial assurances provided by Jingle do not extend to external contractors hired for the events, who remain uncertain about their compensation. This group includes a variety of roles, from DJs to stage managers, whose payment status is still under review according to the latest updates from the company.
WM Law, self-described as Kansas City’s premier bankruptcy firm, has taken up the mantle to assist Epic Holiday LLC with winding down its business operations effectively. Jeffrey Wagoner of WM Law highlighted that further communications are expected to reach creditors, vendors, and contractors seeking clarity on their payments.
Amidst these corporate maneuvers, a contractor from Jingle’s St. Louis event has been actively rallying fellow unpaid workers, with 48 individuals reportedly owed a total of $147,000. This collective effort aims to address the non-payment issues directly with the beleaguered company.
The company cited severe initial setbacks during the opening weekend of the event as the start of a series of financial difficulties that the organization failed to recover from, leading to the current fiscal woes.
As Jingle navigates through these challenging times, affected parties await more detailed information in the coming weeks regarding the resolution of their pending payments. The unfolding of this situation may set a precedent for how event-based organizations handle financial crises and the responsibilities owed to both employees and contractors within the entertainment industry.
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