Kitchener-Waterloo Symphony bankruptcy annulled | CTV News [Video]

The Kitchener-Waterloo Symphony’s board of directors says the association has bounced back from bankruptcy.

This comes after a proposal to creditors received unanimous support and approval from the Superior Court of Ontario.

“The proposal was accepted and then it went to the Superior Court of Ontario in London, and the judge ruled that the bankruptcy could be annulled. I think partly because the proposal then accepted no objections to it,” said Bill Poole, chair of the KWS board of directors.

The board was elected in June 2024.

“So we’ve been working hard on it since then. But the reason that we’re at this point today is that the musicians just absolutely refused to let go of the K-W Symphony,” Poole said. “And it’s their tenacity and hard work that got us to this point.”

Poole said the details are still being worked out, but for now it seems as if it will be like it was before …