The Philadelphia Orchestra Association can exit from bankruptcy on an expedited schedule.
In a hearing Monday in U.S. Bankruptcy Court, Judge Eric L. Frank said he would approve a timeline to bring the orchestra before the court again on June 28 for a confirmation hearing.
Because of the "aggressive scheduling," Frank said, any objections to the orchestra's reorganization plan would have to be heard at the confirmation hearing, which could take a day or two. The judge, after reviewing a list of procedural concerns, said he was approving the quicker-than-usual schedule in recognition of the case's notoriety, suggesting that any interested parties were already aware of the bankruptcy. Ballots approving or objecting the plan are being sent to creditors and are due back by June 26.