Just For Laughs Comedy Festival Parent Company to File for Bankruptcy Protection – Hollywood Reporter

The parent company of Montreals Just For Laughs comedy festival, Groupe Juste Pour Rire Inc., is set to file for bankruptcy protection.

JPRs board of directors, after having extensively considered all available alternatives, came to the conclusion that the financial situation of the organization left no other choice than to initiate formal restructuring proceedings, the company said in a statement on Tuesday. Groupe Juste Pour Rire filed a notice of intention to make a proposal under Canadas Bankru…

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