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As his Here Lies Love played its last week of performances on Broadway, producer Hal Luftig scored a significant victory in court. The Bankruptcy Court of the Southern District of New York recommended confirming the reorganization plan for Hal Luftig Company, Inc.
As last year wound to a close, the Hal Luftig Company, Inc. (which I'll call the 'Company' for short), well-known producer Hal Luftig's theatrical production company, filed for Chapter 11 bankruptcy. In layman’s terms, the goal is to come out of bankruptcy with a payment plan which will enable the Company to pay off its debts on a set schedule. Meanwhile, Luftig continues to produce.