Monday, March 16, 2009
Baltimore Opera Company moves into Chapter 7 bankruptcy
Three months after seeking Chapter 11 bankruptcy protection and canceling the remainder of the 2008-2009 season, the board of trustees of the Baltimore Opera Company voted today to pursue Chapter 7 liquidation instead and dissolve the 58-year-old organization. The company's assets, including a warehouse, scenery, costumes and technical equipment, will be sold, and the proceeds will be distributed among creditors. more
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