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Legendary circus breaks out of bankruptcy

The legendary circus Cirque du Soleil had to file for bankruptcy protection due to the corona pandemic. Now the company has come to an agreement with its creditors.

Canadian entertainment company Cirque du Soleil, severely affected by the pandemic, is breaking out of bankruptcy. The company says it has reached an agreement with its creditors.

In the summer, the circus applied for bankruptcy protection due to the losses resulting from the corona crisis, in August, a creditors’ meeting took over the business of the company.

Worldwide, Cirque du Soleil had to stop operating several dozen shows in the wake of the pandemic, including six in the US gambling paradise Las Vegas.

Initially, the company put a total of 4,500 acrobats and technicians on leave; They were released at the end of June. It is 95 percent of all employees.

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