Blue Velvet - also owned by FYEO
Ltd - was granted an extension to its opening and licensing hours on the condition that this would be revoked immediately if the lap-dancing venue was ever changed into a traditional night club.
manager Scott Smith insisted the club would be subtle and discreet.
Calgon Carbon and FYEO
have been competitors in the sale of jewelry boxes through a common retailer.
Mr Willison believes there is enough business in the city for both the new 200-capacity Fantasy Lounge and FYEO
The group has instead transferred the FYEO
assets into a new company, separated from SFI, where it can operate as a stand-alone business, allowing the management to raise bank finance to develop the business at arms length from SFI.
He added that Northumbria Police had not objected, and that FYEO
hoped its new business could be "an asset to the city.
Since then the group has added an FYEO
venue in Bradford and a second club, Blue Velvet, on Newcastle's Grey Street.
chain formed part of the SFI Group's portfolio of leisure brands which includes Cafe Pariso and Slug & Lettuce.
The inquest heard how Mr Duffin, originally from Northern Ireland but settled in Heaton, Newcastle, had been drinking at the FYEO
in the early hours of August 25, 2007.
The protests that greeted the opening of FYEO
back in November 2001 and the subsequent campaigns against Blue Velvet have created a deep-set paranoia among the management team.
The Chronicle was unable to contact FYEO
director Glenn Nicie for comment.
Always ones for the unusual, previous parties have been staged at such venues as varied as the Baltic Art Gallery and lap-dancing club FYEO