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Post by webm@ster on Jun 6, 2003 16:03:47 GMT -5
THE company which brought some of the biggest names in music to Liverpool before they were famous has gone into liquidation.
Lomax Entertainment ran two nightclubs, a recording studio and a dance academy but has had to close.
But a senior source close to Lomax Entertainment last night told the Daily Post there was a "strong possibility" the Lomax club could reopen in September.
The source said the company's debt was around £300,000 and that it had property assets of £1.5m which could pay the debt.
Begbies-Traynor, based in Liverpool, is handling the liquidation. It puts the amount owed to creditors at around £700,000.
The Lomax employs 45 staff. Bands such as Oasis, Radiohead, The Verve and Catatonia played their first Liverpool shows in the Lomax, which started as an attic venue in Cumberland Street.
As well as being a haven for local talent with weekly showcases, the company quickly built a reputation for bringing the best new bands to Liverpool
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