Philadelphia Orchestra Emerges From Bankruptcy
Philadelphia Orchestra Emerges From Bankruptcy
                                     
            PHILADELPHIA (AP) — The Philadelphia Orchestra is out of Chapter 11 bankruptcy.
 A month after a U.S. Bankruptcy Court judge approved its  reorganization plan, The Philadelphia Orchestra Association announced  Tuesday it has officially emerged from Chapter 11.
 The POA addressed more than $100 million in claims, debts and  liabilities with a settlement of $5.49 million, a statement from the  association and its subsidiary, the Academy of Music, said.
For full story go to: http://philadelphia.cbslocal.com/
            
 
 
 
          
      
 
 
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