Contributed by jimmy_the_saint, Posted by Hellfest

Hellfest organizers have issued a detailed release elucidating reasons behind the recent cancellation as well as their future plans. According to the statement:

On Tuesday evening, August 16th 2005, a fax was sent from Eric Cuthbertson, the General Manager of Sovereign Bank Arena to the //radiotakeover office, the company hired by Hellfest to market the event. […] The letter stated that the Sovereign Bank Arena requested that the policy be $2 million of general liability coverage with Global Spectrum (owners of the facility) and the Mercer County Improvement Authority listed as named insured from an insurer rated A VIII by BEST's Manual or that the lease would be cancelled by Global Spectrum […] effective 7:00 AM the following morning. That gave Hellfest less then 12 non business hours to come up with another insurance policy. The insurance policy previously obtained by Hellfest for Hellfest '05 was an A- rated insurer at $1 million, which was the required coverage set forth by the original contract.

Be sure that a massive law suit is in the works against Sovereign Bank Arena, Global Spectrum and the Mercer County Improvement Authority,

Some more details have surfaced in this New York Times story:

Shawn Van Der Poel, president of radiotakeover, a company in Mount Holly, N.J., that was handling marketing and promotions for the festival, said he expected Paper Street Music, the Mount Holly company that runs Hellfest, to file for bankruptcy. […] While at least one talent broker has complained that a number of performers did not receive deposits promised by the promoters, Mr. Van Der Poel said bands had been paid about $72,000 in deposits, but an additional $20,000 could not be paid because the arena never gave the promoters money from advance ticket sales.

In the void created by the cancellation, a number of bands have announced shows in the vicinity of the festival Among the bands performing are Coalesce, Lifetime, 108, Rise Against, Turmoil, Unearth, Bouncing Souls and Good Clean Fun.

August 19, 2005Philadelphia, PAThe TrocaderoLifetime, Vision, special guest TBA7pm, all ages, $20
August 19, 2005Philadelphia, PA First Unitarian ChurchCoalesce, Turmoil, Cursed, All Else Failed7:30pm, all ages, $12
August 19, 2005Sayreville, NJ Starland BallroomUnearth, Chimaira, God Forbid, Madball, Six Feet Under, Nora, The Banner, If Hope Dies 5pm, $13
August 20, 2005Wilkes-Barre, PACafe MetropolisCoalesce, Fall Rivers, TBAMatinee
August 20, 2005Lawrence, KS GranadaCoalesce, Nodes of Ranvier, Filthy Jim, Mesa Falls to Mophisto
August 20, 2005Bound Brook, NJHamilton St. CafeSpitalfield, Gym Class Heroes, the Bank Robbers, GUNSLIKEGIRLS, Cameron1pm, $10
August 20, 2005Philadelphia, PAThe TrocaderoThrowdown, Turmoil, Most Precious Blood, The Red Chord, Remembering Never, The Agony Scene, Scars Of Tomorrow, Gym Class Heroes, Necktie, The Warriors2pm, all ages, $13
August 20, 2005Taunton, MA The Web Cafe100 Demons, Death Before Dishonor, Colin Of Arabia, Donnybrook, Dying For It, 40 Second Love Story5:30pm
August 20, 2005Philadelphia, PAFirst Unitarian Church108, Champion, Good Clean Fun, Outbreak2:30pm, all ages, $12
August 20, 2005Philadelphia, PATrappe YMCAGood Clean Fun
August 20, 2005Philadelphia, PAStarlight BallroomLifetime, 108, special guests7:30pm, all ages, $20
August 21, 2005Philadelphia, PAThe TrocaderoRise Against, From Autumn To Ashes, Stretch Arm Strong, Norma Jean, Emery, Comeback Kid, Bedlight For Blue Eyes, Horse The Band, At All Cost, Look What I Did1:30pm, all ages, $15
August 21, 2005Amityville, NYVillage Pub SouthGood Clean Fun, AHOY, the Oblivious, Rematch, Those Left For Dead, Privilege2pm
August 21, 2005Asbury Park, NJ The Stone PonyLifetime, The Bouncing Souls, The Loved Ones
August 21, 2005Hackettstown, NJ The Hackettstown Skate ParkWhattheHellfest: Dead to Fall, Ed Gein, Ion Dissonance, This Is Hell, Nodes of Ranvier, Tony Danza Tap Dance Extravaganza,Life In Pictures, Embrace The End, The Concubine, Animosity, My Bitter End, Last Perfection, The Burning Season, Stray from the Path, Seventh Star, The Warriors, Rocking Back & Forth to Create the Illusion of Satisfaction, The Mayflower Blueprint, Fall From Apathy, Label the Traitor, The Messiah Complex, Set Your Goals, Hourglass Relapse, Revenance, more TBACANCELLED
August 21, 2005Montclair, NJ Bloomfield Ave CafeEnsign, Champion, Outbreak, Betrayed, This Is Hell, FC5noon, $10
August 21, 2005Montclair, NJ Bloomfield Ave CafeRemembering Never, The Red Chord, Turmoil, Sinai Beach, Animosity6pm, $12
August 21, 2005Lemoyne, PA The Champion ShipChampion, Modern Life Is War, Betrayed, The Trade
August 21, 2005Randolph, NJObsessionsSilverstein, Stretch Arm Strong, Evergreen Terrace, Haste The Day, Good Clean Fun, Scary Kids Scaring Kids, Still Remains, Roses Are Red, Kane Hodder5pm, $12