All Louisville Orchestra concerts scheduled for September and October have been canceled. The season was set to begin September 10. But orchestra management sent out a notice of the cancellations Wednesday evening, citing an impasse with the musicians over a contract for the next season. The two sides are in mediation with the Louisville Labor […]
A federal judge has approved the Louisville Orchestra’s plan to emerge from Chapter 11 bankruptcy. The ruling came this afternoon and caps a months long case that’s left the future of the ensemble in doubt. The plan calls for the orchestra to sustain itself through ticket sales, grants and donations and to begin repaying debts […]
The Louisville Orchestra’s contract with its musicians expired at midnight Wednesday. That means the players are not being paid, they do not have insurance and do not have any guarantee they’ll have jobs when the next season starts. There’s hope for a new contract, but amid contentious negotiations and ongoing bankruptcy proceedings, that hope is […]
Bankruptcy isn’t a new idea to the Louisville Orchestra—its leaders nearly declared it in 2006. And they wouldn’t have been alone. In recent years, ensembles in San Jose, San Antonio and Honolulu have all gone through bankruptcy proceedings.
The organization is about 500 thousand dollars in debt and will not be able to meet its payroll for musicians beyond December 15th. Further, orchestra CEO Rob Birman says the ensemble must emerge from bankruptcy with a 5.75 million dollar annual budget. Its current budget is 6.9 million dollars.