News Formal

Documents show more companies, performers owed money by Just for Laughs

  • 📰 DurhamRadioNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

MONTREAL — Documents made public by an insolvency trustee show Montreal comedy festival Just for Laughs and affiliated companies owe millions of dollars i

n unpaid debts beyond what was included in a court filing last week.

Documents released this week by insolvency trustee PwC, formerly known as PricewaterhouseCoopers, show an additional $5 million in unpaid debts owed by the festival and other affiliated businesses. Included in the $5 million of newly disclosed debts is $3.4 million owed by the comedy festival, whose creditors include hotels, venues and production companies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 70. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Just for Laughs cancellations in Toronto, Montreal underscore vulnerability of industryThe cancellation of the Just for Laughs comedy festivals in Montreal and Toronto this year underscores the vulnerability of an industry struggling to manage ballooning costs while vying for increasingly in-demand but inadequate government grants.
Source: CP24 - 🏆 30. / 67 Read more »