http://cooleworld.com/en/cool-electronic-world/page_59.html
According to the nonprofit group’sa bankruptcy petition, it has more than 100 creditors, debt of $1 milliobn to $10 million, and a similar range for assets. For years, the organizatiobn has been bleeding money. It lost $1.5 milliob on total revenue of $3.1 according to its 2007 tax the most recent return A meeting of creditoras is set for4 p.m. on Aug. 13, at the bankruptcyy court courthouse in West Palm The Palm Beach Daily News reported the balleft canceled the remainder of its seasohin March, after a claim by Worth Realtyg that it was owed a $185,0009 commission after a plan to sell the company's buildiny to the city of West Palm Beach for $2.5 millioh fell through.
Ballet Florida is suing Worth The dance company has long struggled under the weighgt of dwindling profits and strugglesw tomaintain leadership. It went through 10 executived directors in as many Artistic directorMarie Hale, who foundedf Ballet Florida in 1973, is forminhg a new dance school and is collecting names of potential studentse on its Web site, www.anewerabeginsnow.com.
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