HSO Filing for Chapter 11

by: Ian

att_hio_honolulu_symphony
The Honolulu Symphony has filed for bankruptcy. Things began looking grim for the orchestra, which is heralded as, “the oldest symphony west of the Rockies”, when musicians were forced to take a 15% pay-cut in September. When checks did not arrive for concerts during the months of September and October, musicians became suspect to what administrators publicly declared last week, that the debt of the orchestra (over $1 million) was far beyond expected, and filing for Chapter 11 was the only choice.

Despite not being paid for their services, musicians continued to give performances for the last 2 months, hoping that something would come through. Unfortunately, it did not. Half of the musicians will be laid off, and the 2009-10 season may not be able to continue. Original article on honoluluadvertise.com below.

Honolulu Symphony broke, ends season


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