January 08, 2016
New York City Opera may finally exit bankruptcy this month with a plan that puts to bed a longtime struggle between two would-be owners but has drawn an objection from the New York Attorney General's Office.
December 04, 2014
A New York bankruptcy judge on Wednesday said New York City Opera Inc.'s assets, including its potentially valuable name, will be subject to a public auction and ordered the debtor to file a motion detailing sale procedures by Dec. 18.
November 13, 2014
Architect and businessman Gene Kaufman, who is angling to buy the bankrupt New York City Opera Inc.'s assets, told a bankruptcy judge Wednesday that the opera is getting nowhere with Chapter 11 proceedings and the court should force an auction to preserve the worth of its remaining assets.
July 08, 2014
A New York City Opera Inc. creditor filed court papers Monday seeking to put a Chapter 11 trustee or another restructuring officer in charge of finding a buyer for the iconic institution, saying the current board can't be trusted to execute an asset sale quickly enough to avert a wind-down.
February 19, 2014
New York City Opera Inc. on Wednesday reached an agreement with its creditors that will allow them access to documents related to five proposals the opera has received in regards to a "potential transaction" and asset sale.
December 18, 2013
New York City Opera Inc. will not be able to pay back customers who bought show tickets in advance or make severance payments to its last remaining employees after a bankruptcy judge said Wednesday that the company must follow bankruptcy procedure and establish a plan first.
October 24, 2013
U.S. Trustee Tracy Hope Davis on Wednesday appointed an official unsecured creditors committee to New York City Opera Inc.'s bankruptcy case made up so far of just three members, including New York City Ballet Inc.
October 10, 2013
New York City Opera Inc. is engaged in talks that could result in a potential merger, an attorney told the bankruptcy judge overseeing the iconic institution's Chapter 11 proceedings Thursday.