Monday, December 13, 2010

Orchestra Death Watch: "Aloha" Means "Hello" and "Goodbye," Right?

Back in March, the Honolulu Symphony filed for Chapter 11 bankruptcy (as the Louisville Orchestra recently did) to get out from under their debt. Today, the board acknowledged that the financial weight was overwhelming when they asked a US bankruptcy court to change their status to Chapter 7 and let them liquidate all assets. The judge granted the request.