The Bleader | Blog + Reader, the Chicago Reader's blog

Wednesday, July 29, 2009

In America's bankruptcy court

Posted By on 07.29.09 at 05:48 PM

Back when my law-student fiancee was taking a bankruptcy class, I tried to get her to explain what was going on with the company that employs me. Her answer: it's confusing. Turns out she's right:

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Cofounder Ruth Higgins tells Theatre Building board to resign

Posted By on 07.29.09 at 05:35 PM

In response to news that the board of Theatre Building Chicago has fired longtime executive director Joan Mazzonelli, TBC cofounder Ruth Higgins has sent an open letter asking for the board's resignation. Here's the letter. For the full story, see Deanna Isaacs's column this week.

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How to save journalism, Armando Iannucci edition

Posted By on 07.29.09 at 04:26 PM

You might have noticed that In the Loop, the new comedy directed by the great Scotland-born comedian Armando Iannucci, is one of our critic's choices this week. If you like it, it's worth reaching back into his catalog.

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7/30 — Free cruises, Ferris wheel rides at Navy Pier

Posted By on 07.29.09 at 04:02 PM

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To celebrate its 70th anniversary Thursday, Shoreline Sightseeing will give away free boat tours to the first 700 passengers to show up between 11 AM and 3 PM.

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This week's food and drink events

Posted By on 07.29.09 at 03:47 PM

A free tasting of Goose Island reserve beers, a book club discussion of Julie and Julia, an ice cream fund-raiser, and more.

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"Mistress Cycle" showcases Auditorium Theatre's intimate possibilities

Posted By on 07.29.09 at 03:27 PM

Suburban theater companies are often frustrated in trying to find a Chicago venue where they can transfer successful productions and reach new audiences. The Ivanhoe Theater in Wrigleyville closed some years ago (it's now a Binny's liquor store), the Briar Street Theatre has been occupied by Blue Man Group for more than a decade, and the Royal George's mainstage is booked up for the fall. So when Apple Tree Theatre in Highland Park decided to gamble on bringing its lovely, offbeat concept musical The Mistress Cycle to the city, it wasn't easy to nail down a space.

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Who will own the Reader? — the thickening murk

Posted By on 07.29.09 at 03:00 PM

Will the next owners be the present owners, or the hedge fund Creative Loafing borrowed $30 million from to buy the Reader and Washington's City Paper two years ago? An auction scheduled for August 25 in bankruptcy court in Tampa will decide. Wednesday's hearing set the ground rules — though apparently none too clearly.

Creative Loafing blogger Wayne Garcia was there. He reports that Judge Caryl Delano is keeping her own counsel about how she'll determine the winner — the high bidder pure and simple, which would greatly favor Atalaya Capital Management; or the bidder with the stronger claim on publishing expertise and a long-term commitment to CL's six papers. That, says CEO Ben Eason, is Creative Loafing, which has joined forces with Eason family members and mezzanine lender BIA Digital Partners, owed $10 million.

Garcia calls the hearing "complex, confusing, and undramatic" Maybe so, but here in Chicago we're riveted.

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Rescue Me

Posted By on 07.29.09 at 02:30 PM

I just finished reading Chicago magazine's ode to Ron Huberman. The gist of the story is that he's a miracle worker sent in by Mayor Daley to rescue the public schools. Lucky us.

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A university, from the ground up

Posted By on 07.29.09 at 01:10 PM

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Nic DeGrazia and Daniel Kullman traveled to Angola's war-torn Bie province last May to document Evanston nonprofit SHAREcircle's ongoing efforts to build the Angola Central Highlands University, the first university in the region.

DeGrazia and Kullman screen footage from their in-progress documentary Pools of Light tonight at 6:30 at the Highland Park Public Library, 494 Laurel. The filmmakers will solicit audience feedback and Guerra Freitas of SHAREcircle will give a presentation about the university. It's free. RSVP here.

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No one ever wrote a bad article underestimating the American fringe

Posted By on 07.29.09 at 12:54 PM

I have to confess that when the Trib dispatched James Janega, a great and multitalented reporter, to debunk the transparently idiotic birther conspiracy theories, I thought it was like taking a two-by-four to a fly.

I should have guessed that Fate would teach me to be lots more cynical than that.

Oh, and keep Twittering, Lou Dobbs, you are full of win.

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