MusicManNJ

They were OK. Not going to say it was great. But they were well positioned for the 2024 season. Even had a new director in place and everything. Compared to Cadets in prior years they were in much better shape for the Cadets.

The descision to file for bankruptcy was made when settlment discusions broke off. Once the decision was made for the orderly unwinding of the organization the board then started to sell off assets to help cover the cost of winding down (return of camp fees, staff pay, vendors, etc). Just because it was not announced to the public does not mean plans were not underway. This was all TRIGGERED by the end of settlement discussions and the move to trial which the Corps could not afford.

No one was let go until it was clear that the org was going to close. They did let go the ED but that was not related to funding. The Corps was on track to come out in 2024. The end of settlement discussions also ended the Cadets future.

Once the settlement discussion ended, so did the future of the corps. There was a donor who was going to pay the settlement. The plaintiff's lawyers made it clear they would pursue this to trial and would enjoin any perceived successor organization. The only thing left to do was the orderly unwinding of the organization and ensuring staff was paid, refunds for the 2024 audition season were made, purchased corps jackets delivered, and the passage of time to avoid the 90-day clawback period. Assets only started to be sold when the settlement discussions ended and it was clear bankruptcy was the only option.

This is not true. Plans for 2024 were well under development as there were positive indications of a settlement. That went up in smoke as soon as people started bashing the plaintiff on social media. he plaintiff ended settlement talks and that effectively ended any chance of the corps surviving. They could not withstand the expense of a lawsuit moving forward. That is what killed the Cadets. After an incredible finish in 2023 the goals for 2024 were even loftier. But, because of the move to go to trial and breakoff settlement discussions, that was the final straw.

That person is not telling the truth. It was crafted by the Board chair with the help of probono PR and legal input.

Chapter 7 means going out of business (what the Cadets did). Chapter 11 allows for reorganization.

This is the end of the road for one of the most honored and decorated drum corps. https://cadets.org/cadets-arts-entertainment-cae-files-bankruptcy?fbclid=IwAR3ULNWNRGqOvNIVKOJa9i7o8OIZSYnuVNnkYHnP5VhxaoVRKrK0VtrAaBg_aem_AbmWMN0sf5FT5n-E3QyEFnIk1UyCyAUZpG8z8KLsALfW9V4K9j8GB8DUoAHtMSrlT65vtpjh-7KqShbV5W44EKpR

Russ is a great choice for SCV! Has the background and experince to lead the organization back to sustainability. Looking forward to great things from SCV 2024!

DCI was silent because DCI did not know that SCV management had planned on pulling the plug. They were in the dark like everyone else except the SCV leadership.

And she is a highly regraded composer and arranger for percussion through Rolloff publications and is so highly respected by the broader percussion community that she was elected as President of the Percussive Arts Society for the current term. Pardon the expression by Julie is a bad ###!

This is correct. DA is done by end of calendar year. Period.

A successor for Dan has NOT been chosen yet. The search continues...

Clean, Clean, Clean! Build up that endurance... and do what the Cadets always do at this time of year... just like Atlas... RISE!

How about that Percussion Section!