Musicians of Canada’s Kitchener-Waterloo Symphony. Photo courtesy of Kitchener-Waterloo Symphony.
In Wednesday’s (10/30) Ludwig Van Toronto, Anya Wassenberg writes, “After declaring bankruptcy just over a year ago in September 2023, the Kitchener-Waterloo Symphony (KWS) has announced a resumption of operations, renewing a legacy that’s almost eight decades old. The bankruptcy has been formally annulled by the approval by the Superior Court of Ontario of a proposal made to creditors…. In May 2024, LvT reported on a call for nominations to the KWS board of directors, a crucial step in being able to negotiate a way out of the bankruptcy ruling. A tentative proposal to creditors had been formulated, but legally, it required an incorporated board to make the official offer. With a board in place, steps could be taken, and KWS’s creditors have unanimously supported the proposal. The legal moves mean that KWS can go back to doing what it does best—make music…. The newly restored KWS, in collaboration with the musicians whose careers took a hit when the bankruptcy was announced suddenly last year, will present a series of concerts for the 2024/25 season…. In a statement, the board and musicians thanked the public for their overwhelming support during the difficult days of the last year or more.”
