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City of Windsor a step closer to taking over Capitol Theatre
posted by
steelbeard1
on
August 8, 2008 at 7:41 am
WINDSOR, ONTARIO, CANADA — A regional senior justice ruled in favour of the city of Windsor concerning the bankrupt Capitol Theatre. The city paid $1.8 million to help save the theatre from demolition and the judge ruled that it was a mortgage and not a grant.
The theatre was occasionally opened for events until the supervision of the theatre’s bankruptcy trustee. Even if the trustee does not appeal the ruling, there are other legal issues to be resolved before the theatre’s future is finally determined.
Additional info from the Windsor Star.
