Baltimore-Based Senator Theatre's Backers Considering Filing for Bankruptcy

Summary


The financially plagued Senator Theatre in North Baltimore may file Chapter 11 bankruptcy as a way to keep the historic Art Deco landmark from going on the auction block.

The topic came up at a town hall meeting held for the community Monday night at the theater, said Sean Brescia, an event producer who has been involved with the theater's recent effort to switch to nonprofit status.

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Extract


Baltimore-Based Senator Theatre's Backers Considering Filing for Bankruptcy

"It will allow our creditors to work with us within the court structure," said Brescia Tuesday. "We look at Chapter 11 a...

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