The MainStrasse Village Association intends to declare Chapter 7 bankruptcy after a long history of putting on some of Covington's most popular festivals, WKRC reports.
Representatives of the association blame bad weather at this year's Oktoberfest, Maifest and Goettafest for the lower attendance and revenue losses. In a news release, the organization said Oktoberfest losses alone were greater than $100,000 and said it was “a devastating blow to the organization.”
