BANKRUPT NEW YORK OPERA NOT ALLOWED TO RE-IMBURSE TICKET BUYERS JUST YET

Dec 20, 2013

By Michael Kramer

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The bankrupt New York City Opera won’t be allowed to return ticket fees to customers that paid for performances which were cancelled – or to provide severence to full-time employees who lost their jobs.

A judge says the moves are not permitted by the bankruptcy code.

But some customers and employees could eventually be paid some or all of what they’re owed.

When City Opera was forced to cancel the rest of it’s season on October first, after last-ditch efforts to raise funding failed, customers had already bought $323,000 worth of tickets for the cancelled performances.

City Opera was founded in 1943 and was dubbed “the people’s opera” by mayor Fiorello la Guardia. The company launched the careers of many renowned singers including Beverly Sills and Placido Domingo.

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