According to two news reports (here and here), the Honolulu Symphony Musicians presented a filing this week that “(Based) on its history of gross mismanagement and incompetence …management is incapable of the task reorganization and a Chapter 11 trustee should be appointed, or, in the alternative, the case should be converted to Chapter 7 or dismissed.” This comes barely a month after an article here from 2/8/2010 which speculated on whether Chapter 7 liquidation might be a better alternative than Chapter 11 reorganization bankruptcy…
Presented on behalf of the musicians by Musicians’ Association of Hawaii Local 677, the filing was reviewed by bankruptcy court Judge Robert Faris, who reportedly called the musicians’ statement “troubling.” Faris reportedly continued saying “there are questions on whether the case is appropriately filed as a Chapter 11 reorganization bankruptcy.”
The next bankruptcy hearing is scheduled for Monday, April 12, 2010 but the Honolulu Symphony Orchestra (HSO) lawyer is reportedly filing motions “to extend the period of time to file a reorganization plan and to consider whether to assume or reject the collective bargaining agreement in place.” Nonetheless, the musicians and management are supposed to meet before the April 12 hearing.
As of now, it is entirely possible that Judge Faris may decide the HSO’s fate by this time next month. At the time this article was published, neither the Honolulu Symphony Musicians website nor the HSO website mention this latest event.