Officials, in a statement, announced, “With heavy hearts, the board of directors and event organizers announced today that Aloft is in the process of filing for Chapter 7 bankruptcy.”
Declining attendance in recent years, weather-related cancellations during the event, including this Memorial Day Weekend festival, and about $50,000 owed the City of Simpsonville from the 2013 and 2014 festivals contributed to the event’s demise.