Pasadena Playhouse Files for Bankruptcy

The Pasadena Playhouse in California has filed for Chapter 11 bankruptcy protection. The Playhouse announced in February that they halt their run of live performances and lay off its staff due to financial troubles. The business intends to use the bankruptcy in order to reorganize its debts and reopen. This is the second time the Playhouse has filed for bankruptcy protection, the first time being in 1969.

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