Big Apple Circus has received expressions of interest in buying the organization that is plying its way through bankruptcy proceedings, the Wall Street Journal reported today. Circus’s lawyer, Chris Updike, told a court yesterday that he has received letters of interest from potential buyers, and the circus is open to receiving offers that would allow the show to go on. Updike said that the nonprofit organization is looking to secure an auctioneer. At the hearing, Bankruptcy Judge Sean Lane expressed hope Big Apple Circus, which filed for chapter 11 this week after an emergency fundraising drive came up short, would be able to find a buyer. The judge said that Big Apple Circus could tap a zero-interest loan provided by Circus’s directors that would pay the bills while a team of professionals looks for a buyer for the organization’s intellectual property and equipment, including its big-top tent.
