Honolulu Symphony files for bankruptcy

The 109-year-old symphony, which bills itself as the oldest American orchestra west of the Rockies, said it will cancel all of its November and December concerts and made no guarantees that the rest of its 2009-10 season would go on.

“We cannot spend money we do not have,” said Majken Mechling, the symphony’s executive director. “We cannot continue with business as usual.”

The symphony is just the latest in a string of high-profile bankruptcies to hit the local economy.