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KW Symphony says it has emerged from bankruptcy and plans concerts before the end of the year
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KW Symphony says it has emerged from bankruptcy and plans concerts before the end of the year

The Kitchener-Waterloo Symphony Orchestra makes its grand return after abruptly canceling its season a little over a year ago and then filing for bankruptcy.

“The Kitchener-Waterloo Symphony Orchestra is pleased to announce its return from bankruptcy,” said a statement released Wednesday.

The release noted a hearing at which a proposal to creditors was approved by the Ontario Superior Court and resulted in the bankruptcy being discharged.

“I’m absolutely thrilled, as is everyone associated with the board — the musicians, the volunteers, everyone,” said Bill Poole, chairman of the symphony’s board of directors.

“It’s really a great place to be after a year in nature.”

Poole became chairman of the newly formed board of directors which was elected in June.

At the time, Poole said the symphony had “no money” and needed to find a new way to operate.

Poole explained that this cancellation means that KWS no longer has any debt.

“Now we can begin to move forward on a process to (think about) reimagining the symphony’s role within the community,” Poole said, adding that this will include establishing a sustainable operating model.

At the next board meeting on Nov. 12, a document will be presented outlining how the KWS will move forward, which Poole calls “a fun, interesting and very challenging part.”

Two concerts at St. Matthews Lutheran Church in Kitchener are planned to close the calendar year, with more expected in 2025.

Poole asked the community to “spread the word and make sure these concerts are sold out,” and thanked the audience for their “overwhelming support over the past year.”