Tag - bankruptcy

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Picking the meat off the carcass
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Honolulu Symphony files for moral bankruptcy

Picking the meat off the carcass

Very, very sad: Heritage Global Partners has been selected by Chapter 7 Trustee, Richard Yanagi, to conduct a live auction of assets of the Honolulu Symphony. The Trusteeā€™s Motion to engage Heritage Global Partners is currently subject to final approval from the United States Bankruptcy Court for the District of Hawaii. Following approval, the bulk[…]

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Honolulu Symphony files for moral bankruptcy

The truly shocking part of this announcement is the fourth paragraph (italicized): The Honolulu Symphony Society Board of Directors announced on Friday that it has decided to file for Chapter 11 bankruptcy. The announcement comes after more than a week of uncertainty. The chairman of the Honolulu Symphony’s board of directors told KITV, that as[…]

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