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Investor Sues ‘Cabaret’ Producers as Broadway Revival Sets Early Closing

The suit seeks court-ordered accounting with partnership revenues held in trust after reported grosses near $90 million produced no investor distributions.

Overview

  • Attorney and investor James Lorenzo Walker Jr. filed a Sept. 4 complaint in New York Supreme Court alleging fraud, self-dealing, and denied access to records, after investing $50,000 through KKC Productions NY Limited Partnership.
  • Producers announced the Broadway run will end Sept. 21 after 17 months at the August Wilson Theatre.
  • The filing cites more than $88–$90 million in grosses since April 2024, with investors saying they received no payouts; producers dispute the claims’ merit, say the show was not in a position to distribute funds, and say Walker was offered access to accounts.
  • Production costs detailed in filings include an initial capitalization around $24 million, early weekly operating expenses averaging about $1.5 million, and approximately $7.5 million spent converting the theater into the Kit Kat Club.
  • The case spotlights broader financial strains on commercial Broadway, with reporting noting that none of last season’s 17 musicals fully repaid investors.