Playhouse to Emerge from Bankruptcy
Posted on Jul 24, 2010 1:20pm PDT
Pasadena Playhouse is getting set to emerge from bankruptcy after having its restructuring plan signed off on by a bankruptcy court. The Playhouse filed for Chapter 11 protection in May in order to restructure $2.3 million in debt. According to newspapers, the Playhouse now plans to resume performances in the fall, thanks to anonymous donations.
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