PetePanMan
DIS Veteran
- Joined
- Oct 4, 2010
Yup, did read the article (and comments and other articles on Cirque debt load) and understand the distinction. Still think it is higher risk based on my experience in insolvency field and working with struggling companies. Opening to less than packed shows (if this occurs) will not help.If you read the article, they have financing lined up. This isn't a liquidation type bankruptcy. It is an effort to lighten the lighten the debt load to a more manageable level.
The only risk would be because of covid causing show to cancelled etc.