Capitol Theatre may file for bankruptcy

posted by steelbeard1 on March 13, 2007 at 4:41 am

WINDSOR, CANADA — The Capitol Theatre and Arts Centre is on the verge of bankruptcy. It postponed bankruptcy filing Friday while waiting for word on a bail-out loan from the city of Windsor.

The Capitol Theatre on Friday postponed signing of bankruptcy papers after the city held off on a promised bail-out loan.

“We’re not trying to buy time so much as we’re trying to give the city a chance to formally reply to us,” said a frustrated Tom Lynd, the Capitol’s acting general manager.

More details from The Windsor Star.

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Comments (1)

rivieraservices on June 8, 2007 at 3:57 am

Apparently the city of Winsor has plans for it because they paid off all the creditors.

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