Business was ‘sinking ship,’ promoter blamed for Pittsburgh regatta cancellation says

PITTSBURGH — The promoter blamed for the last-minute cancellation of last year’s Pittsburgh Three Rivers Regatta is telling his side of the story.

During a bankruptcy hearing Monday, Derek Weber said his company was a “sinking ship” from the beginning and there was too much debt, Channel 11’s news exchange partners at TribLIVE reported.

>>PREVIOUS STORY: Three Rivers Regatta organizer owes hundreds of thousands of dollars, filing says

Weber formed LionHeart Event Group LLC in 2017. The company organized and promoted the regatta and Pittsburgh’s Fourth of July fireworks events until last summer.

A criminal investigation into Weber and LionHeart is ongoing.

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Former 3 Rivers Regatta promoter skips out on court hearing again Former 3 Rivers Regatta promoter skips out on court hearing again

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