Ballet BC Reveals Plan To Creditors
The endangered Vancouver company has presented an offer to pay each creditor in full up to C$500 plus 22 cents on each dollar of additional money owed. If creditors accept the proposal, Ballet BC can re-employ some of its dancers and staff; if the plan is rejected, the company must declare bankruptcy. Georgia Straight (Vancouver) 12/30/08

Posted December 30, 2008 08:45 PM