Worldwide Entertainment-Michigan, Worldwide's local arm, haspurchased the theatre and its liquor license from Nobody InParticular Presents. Neither Worldwide talent buyer Bobby Reynoldsnor NIPP lawyer Kelly Allen would reveal the purchase price, butboth confirm the transaction.
Worldwide had been the co-promoter at the theater and recentlyfiled suit in Oakland County Circuit Court demanding that itspartner adhere to an option that allowed Worldwide to purchase thefacility if certain operating conditions were not met.
The lawsuit claims Worldwide Entertainment had loaned more than$126,000 to the theater operators this year, operators refused tosurrender box-office receipts and repay about $38,000. In aninterview with GlobeSt.com, Reynolds declined to provide details onthe settlement.
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