From Buffalo Business First:
The circus has left town.
In a surprise move, the operators of the Cirque Niagara show in Niagara Falls, Ont., have filed for bankruptcy, effectively closing the show after just two seasons.
Cirque X Inc., Cirque Niagara’s parent company, filed for bankruptcy protection, listing liabilities of $6.7 million and assets of $490,000. The production listed 144 creditors ranging from founder Gabe Macaluso, who is owed $191,136 in back payments and Canadian singer Michael Burgess, who filed a $150,000 claim against the company.
The bankruptcy filing was confirmed by officials from the Niagara Parks Commission, the production’s landlord.