November 20, 1998 |
Livent Inc. said that it has received $5 million from a group of its directors, adding that the transaction was approved during a U.S. Bankruptcy Court hearing Thursday in New York. The Toronto-based live-theater producer, known for such productions as "Ragtime," "Show Boat" and "Fosse," filed for protection this week under Chapter 11 of the Bankruptcy Code amid a sweeping internal investigation into financial irregularities by its former managers.
February 23, 1994 |
Sony May Sell Part of Movie Business: Sony Corp. has retained Furman Selz Inc. to sell a portion of its U.S. studio operations, according to investment bankers close to the transaction. Principal Roy Furman is personally helping the Japanese electronics and entertainment conglomerate seek a buyer, a person at the investment firm said.
June 15, 1999 |
Livent Inc., the financially troubled producer of such hit theatrical shows as "Ragtime" and "Fosse," said Roy Furman will give up his chief executive title and David Maisel will step down as president, effective June 25. Executive Vice President Rob Webster will be named chief executive, and Furman will continue as chairman.
May 2, 2013 |
There's no need to stop the presses for this bit of Broadway foregone conclusion. "Lucky Guy," the Tony-nominated play written by the late Nora Ephron and starring Tom Hanks, has officially turned a profit, recouping its Broadway investment of $3.6 million, producers announced Thursday. The play opened at the Broadhurst Theatre in New York on April 1 and has extended its run to July 3. "Lucky Guy" tells the story of journalist Mike McAlary (Hanks), who rose to prominence as a columnist at the New York Daily News.
May 8, 2001
Jefferies & Co., a Los Angeles-based securities firm, said it hired Roy Furman from ING Barings to be a vice chairman. Furman became a vice chairman at ING Barings in 1997 when the unit of ING Groep acquired Furman Selz, the firm he founded. In June 1999, Furman resigned from his position as chief executive of Livent Inc., a Toronto-based theater company. Livent was acquired by SFX Entertainment Inc.
November 18, 1998 |
Live-theater producer Livent Inc., whose troubles have continued to mount amid an inquiry into financial irregularities by its previous management, was considering filing for Bankruptcy Court protection in the United States and Canada late Tuesday, sources close to the company said. The development marks the latest in a long list of headaches encountered by the investment group that controls Livent.