Sorry to hear that Surflight Theater is once again battling to stay alive, according to a report today in the Atlantic City Press.
“A lot of stuff just snowballed,” said Charlie Siedenburg, a spokesman for the theater, after the bankruptcy announcement. “Every time you think you wiped away something, up comes another creditor or debt that had been hidden.”
A 2012 fire and Hurricane Sandy both required theater operators to spend money on repairs that were not fully covered by insurance and FEMA reimbursements, operators said. In addition, attendance declined following Sandy, further putting the theater in financial trouble.