New Life for the Prince After Bankruptcy!
As I previously reported, the Prince Music Theater was on the verge of collapse in January after its major benefactor died last year. At that point, things looked grim for the Prince, my former Chapter 11 bankruptcy client. I’m very happy to report that the Philadelphia Film Society, with generous help from the Wyncote Foundation,…
Goodnight, Sweet Prince
The news of the Prince Music Theater’s closing hit me pretty close to home. Although the Prince had been floundering for years, it’s still a sad day for the arts in Philadelphia. In late 2010, after years of staving off creditors, the Prince filed Chapter 11. With guidance and counsel from Slepner Law, the Prince…
Bankruptcy Court deemed “essential”
At least the Bankruptcy Court for E.D. Pa. is. See the order: http://www.paeb.uscourts.gov/sites/paeb/files/NoticeofOperation.pdf.