WATKINS GLEN, N.Y. (WENY) – A new report from Pitchfork says the court has ruled planning for the Woodstock 50 festival may go on as planned.

According to the report, a judge has ruled that former investor “Dentsu has no right to announce the festival's cancellation”. On April 29, Dentsu announced they pulled financial support and said Woodstock 50 was canceled. Organizer Michael Lang has since disputed the cancellation claims.

However, the court also ruled Dentsu does not have to return the $17.8 million that festival organizers claim the company stole. Additionally, tickets have not gone on sale yet and organizers have yet to receive the necessary mass gathering permits to hold the event August 16 – 18 at Watkins Glen International.

In court this week, Dentsu said it stopped working on the festival because organizers did not have this permit, a finalized traffic plan, necessary road construction, an emergency response plan, or sufficient security, according to Billboard.

In a statement, Woodstock organizer Gregory Peck said, “Woodstock 50 is one. We can't wait to bring this important event to the public this summer. We have one of the greatest lineups of talent of any music festival, and we are grateful to all of the talent for their loyalty and support.”

“We have always relied on the truth and have never lost faith that the Festival would take place,” said Lang in a statement. “I would like to thank all of the talent and their representatives for their patience and support. Woodstock 50 will be an amazing and inspiring festival experience.”