 In March 2009, facing severe financial difficulties, Le Petit's board of governors voted to lay off the theatre's artistic director and staff, and appointed The Solomon Group, a New Orleans entertainment company, as interim manager.The board terminated the Solomon Group's management in October 2010, and in December 2010 announced that the rest of its 2010–11 season would be cancelled.The theatre has continued to provide a venue for fundraising efforts and outside productions.