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Cocoon Club goes into administration


The Frankfurt nightclub has filed for bankruptcy.
Words / Will Lynch
Published / Thursday, 13 September 2012 01:30 PM
Category / International NewsGermany
Comments / 53 Comments

It was announced earlier today that Cocoon Club GMBH, the company behind Frankurt's Cocoon Club, has gone into administration.

A message posted on www.cocoon.net explains the situation while also distancing Sven Väth and the other branches of Cocoon from the bankrupt club. It states:

"Cocoon Music Event GmbH and Cocoon Artist Booking UG are independent and separate companies, in substance as well as financially, economically and regarding the employed staff... CocoonClub GmbH & Co. KG is solely a licensee of the brand 'Cocoon'."

The message goes on to describe Väth as "the visionary, ideas provider and advising musical curator behind the club concept," but also "just a partner... who was never involved in any daily business operations.

At this point there's no way of knowing what will ultimately happen with Cocoon Club, but for now the program is unaffected. "A bankruptcy is primarily used to save a company and not to close it," a Cocoon spokeswoman said on Wednesday. "The whole team is working to save the club, and of course we will continue."

Cocoon club opened in 2004 and, under the guidance of Väth, became one of Germany's most iconic clubs, thanks both to its international house and techno bookings and its elaborate, cocoon-themed decor, which landed it at #1 in the design category of our 2008 Club Awards. Rumors over the club's insolvency had been circulating for a while—its two restaurants, Silk and Micro, have been closed since May, and German newspapers had already reported that the club would soon file for bankruptcy.

Today's announcement finished with the line: "We deeply regret the possible loss of jobs and strongly hope that the institution CocoonClub can be preserved for Frankfurt's nightlife."
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Cocoon Club goes into administration

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DjAlexD.wrote
Fri, 30 Nov 2012Bye

panoikwrote
Wed, 21 Nov 2012No mercy for the posers djs like Sven Väth who forgot their roots and their underground profile they had (most of them;like Richie Hawtin,Villalobos,Magda etc) and they built such super wow and expensive clubs!! All these super star djs who the only thing they want is to make money @ Ibizas super clubs for fool tourist who dont even know why they went and in clubs like cocoon have to take a lesson .
I am partying many years now over 15 i think , i went to many international clubs and... More

danielmehlhartwrote
Wed, 14 Nov 2012im sorry for the people loosing their jobs. but its not a very big loss for frankfurts techno scene. no one who really cares about our music really visits this club regularly.

it was more for the champagne drinking crowd. and those people preffered other places for these kind of 'parties.'

jamesthemonkehwrote
Tue, 13 Nov 2012Maybe he doesn't want to.

stevepicardwrote
Tue, 13 Nov 2012The Club is to big for Frankfurt. By the way... Väth should have enough money to save the Club or not ? He get´s more than 10.000 Euros fee mostly for every gig... since more than 20 years...

On_TheLedge_wrote
Fri, 09 Nov 2012Frankfurt doesn't have the population make up for a place like Cocoon. The Banker types and high rollers prefer places like Velvet, APT and Kinka, there's lots off this clubs like this in Frankfurt and I'm sure they make a mint selling expensive drinks to the look at me crowd, as for Cocoon its always had the problem that you get the druffi crowd and dont make enough on the bar. Also on regular nights the crowd seemed like 75% jungs and just didn't have a good vibe.

The smaller venues like... More


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