By Jacqueline Palank
February 24, 2011
The dozens of instruments and musical compositions that distinguished the Honolulu Symphony’s 110-year history may be sold to the highest bidder, a result of the Chapter 7 bankruptcy liquidation the Hawaiian symphony orchestra launched.
The auction, which remains subject to bankruptcy court approval, would be conducted in Honolulu on March 17 and open to bidders around the world thanks to a live webcast.
According to David Barkoff of auction house Heritage Global Partners, which the trustee overseeing Honolulu Symphony’s liquidation is seeking court permission to hire, the sale represents a “once-in-a-lifetime opportunity” in light of the organization’s status as the oldest U.S. symphony orchestra west of the Rocky Mountains…. Read Full Story on The Wall Street Journal