Great News For The Philadelphia Orchestra

9:12 am
Wed August 1, 2012

Great News For The Philadelphia Orchestra

Lead in text: 
More than a year after filing a petition for Chapter 11, The Philadelphia Orchestra Association is now out of the hole.
  • Source: Philly
  • | Via: The Philadelphia Inquirer/Peter Dobrin
The Philadelphia Orchestra Association is out of bankruptcy.U.S. Bankruptcy Judge Eric L. Frank approved the association's reorganization plan June 28, but with the writing of checks and completion of other administrative matters Monday and Tuesday, the curtain officially has come down on perhaps the most perilous episode in the history of the organization that supports and presents the storied ensemble."I feel like I'm getting out of jail," said orchestra chairman Richard B.