The filing was made Friday morning. The orchestra will meet with creditors early next month, and a reorganization plan is due by April 4th.
A large anonymous donation has reportedly been given to the Louisville Orchestra. The donation will allow the ensemble’s musicians to be paid this week.
The administration and musicians of the Louisville Orchestra met Tuesday to continue talks about how to keep the ensemble solvent. An agreement may still be weeks, or months, away, and it could come through outside help.
The Louisville Orchestra’s musicians say they are being asked to take staff and pay cuts. The musicians released a statement Monday offering their side of the ongoing contract negotiations between their union and the orchestra administration.
The Louisville Orchestra’s management and players remain tight-lipped about the ongoing contract negotiations between the administration and musicians’ union. Sources tell WFPL that while the current talks are related to contract extensions, the orchestra is also seeking immediate savings, and a possible bankruptcy filing is also on the table.
The musicians’ contract expires next year, and both sides say they do not want to negotiate through the media. Administrators say they are seeking a long-term solution for a financially-sustainable orchestra. They also declined to discuss the ensemble’s financial condition.