 The city of Chicago pledged $13.5 million toward the restoration and Ford Motor Company entered into a sponsorship agreement with Livent for a reported $1 million annual fee.In November 1998, Livent filed for Chapter 11 bankruptcy protection in the U.S. and the Bankruptcy Court approved the sale of its assets to SFX Entertainment.The restored theater reopened October 18, 1998, with a reconfigured seating capacity of 2,253.