In Tuesday’s (4/13) Honolulu Advertiser, Michael Tsai reports, “U.S. Bankruptcy Judge Robert Faris yesterday denied the Honolulu Symphony Society’s request to extend the period in which it alone could submit a plan for its reorganization. The decision allows the symphony’s musicians and other parties to submit competing plans for the troubled organization’s emergence from bankruptcy. … In asking for an extension, the symphony society said it took a long time to complete a comprehensive organizational analysis, which is needed before it can come up with a reorganization plan. The 258-page analysis, prepared by Honolulu Symphony Foundation chairman Mark Wong and his company, Data Collection Systems, was released last week and includes recommendations for drastically reducing the symphony’s concert schedule and overall budget. The Musicians’ Association of Hawai’i, Local 677 of the American Federation of Musicians, has criticized the report as flawed in its data collection and analysis and biased against the symphony musicians. … Jerrold Guben and Tina Colman, co-counsels for the symphony society, said the society welcomes other ideas for reorganization but stands by its contention that the symphony’s business model needs to change if it is to remain sustainable.”
Posted April 14, 2010
