New York's Northern Lights Venue Files For Chapter 11 Bankruptcy Protection
February 19, 2008According to the Albany Times Union, Northern Lights, the Clifton, New York concert hall that has hosted some of the biggest small concerts in the region, has filed for Chapter 11 bankruptcy protection.
The venue, which can hold 1,000 people, has served a niche for years — bringing in hard-rocking or country bands with followings too small for theaters like the Palace but too big for many other area clubs.
Owner J. Kip Finck made the filing Thursday in U.S. Bankruptcy Court in Albany, saying the business had $77,034 in assets and $107,758 in liabilities.
Contacted Friday, he said he filed to get concert revenues back from Ticketmaster that had been seized as the result of a license dispute over a copyright issue. Finck said the dispute was over the venue's failure to pay for one of two music licenses needed for the right to perform copyrighted music.
Finck said he had been told both licenses weren't necessary.
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