Founded in 1987 (relatively recently for a major regional theatre) Palm Beach's Florida Stage dedicated itself to new writing, and made a good run at it. Now they're bankrupt and shutting down . For good. They're claiming Madoff fallout, but looks like they had other problems, too. A nice appreciation of the company--and roundup of local reactions--on the blog, South Florida Theatre Scene.
SOURCE: The Playgoer at 09:53AM on June 8, 2011