Hours after sending a dire email warning that downtown Barrington’s Catlow Theater will close unless unspecified state taxes are paid, its owner reversed course Wednesday and said the national historic landmark will remain open.
“I’m in need of immediate help,” owner Tim O’Connor wrote in his initial email to his customers Wednesday. “I need to pay my state taxes by Oct 31st or the Catlow and Showtime Eatery will be shut down by the state.”
O’Connor later told the Daily Herald that after consulting with his attorneys and an accountant, he can pay the Showtime taxes. He also said a solution has been found on how to keep the Catlow and Showtime open, but he declined to elaborate.
Catlow Theater LP filed for Chapter 7 bankruptcy in U.S. District Court in Chicago on Oct. 8, records show. Movie studios make up the majority of the 17 creditors listed in the federal filing, including Warner Bros. Distributing Co. at $16,471, Universal Film Exchange at $12,444, 20th Century Fox at $4,376 and Paramount Pictures Corp. at $3,815.
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