Judge closes Philadelphia Orchestra bankruptcy case


The Philadelphia Orchestra exited bankruptcy in July. But in the months since, the orchestra has been settling up debts and taking care of other administrative matters, and has been responsible for filing a certain amount of paperwork with U.S. Bankruptcy Court.

The reorganization was a significant chapter in the life of the organization, and as such, it's perhaps worth noting that with the signing of an order Wednesday by Judge Eric L. Frank, the bankruptcy cases of the Philadelphia Orchestra and Academy of Music are officially closed.

When it filed for Chapter 11 in April 2011, the Philadelphia Orchestra became the first major U.S. orchestra to declare bankruptcy.