The Court Approves the Sale of Cirque Du Soleil

21 Oct 2020

“The Quebec Superior Court authorized on Tuesday the takeover of Cirque du Soleil by a group of creditors led by the Toronto-based fund Catalyst Capital. (…)

However, one issue remains unresolved in court: the creation of a US$15 million fund intended to assist Canadian Cirque employees who lost their jobs in the wake of the pandemic.”

Read this article from the Journal de Montréal.

To learn more about the status of financial aid for former employees, read this Radio-Canada article.

Cirque du Soleil artists, who won their battle and will be compensated, support the former employees. Read this La Presse article.

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