Big Apple Circus 13, 2017 that they will auction off their assets. On February 14, 2017, Big Apple Circus announced that the U.S. Bankruptcy Court had approved the sale of their assets to Big Top Works, an affiliate of Compass Partners, for $1.3 million. As part of the sale, the circus will be renewed for its 40th anniversary season and some community programs will continue. On March 21, 2017, Big Apple Circus announced that renowned acrobat Nik Wallenda will be the headline act in the 40th anniversary season at Lincoln Center's Damrosch Park in New York City from October 26, 2017 to January
Informal sector unobserved economies including the informal economy as being characterized by some form of non-compliant behavior with an institutional set of rules. Feige argues that circumvention of labor market regulations specifying minimum wages, working conditions, social security, unemployment and disability benefits gives rise to an informal economy that deprives some workers of deserved benefits while conveying undeserved benefits to others. The term is also useful in describing and accounting for forms of shelter or living arrangements that are similarly unlawful, unregulated, or not afforded protection of the state. 'Informal economy' is increasingly replacing 'informal sector' as the preferred descriptor for this