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Capitol Theatre may file for bankruptcy
posted by
steelbeard1
on
March 13, 2007 at 7:41 am
WINDSOR, CANADA — The Capitol Theatre and Arts Centre is on the verge of bankruptcy. It postponed bankruptcy filing Friday while waiting for word on a bail-out loan from the city of Windsor.
The Capitol Theatre on Friday postponed signing of bankruptcy papers after the city held off on a promised bail-out loan.
“We’re not trying to buy time so much as we’re trying to give the city a chance to formally reply to us,” said a frustrated Tom Lynd, the Capitol’s acting general manager.
More details from The Windsor Star.
Comments (1)
Apparently the city of Winsor has plans for it because they paid off all the creditors.