Conneaut Lake Chapter 11 Plan Confirmed

Stonecipher Restructuring & Insolvency, Uncategorized Leave a Comment

After 20 months in an aggressively contested chapter 11 case, key constituents found the means to compromise and gave Conneaut Lake Park a chance to shine as one of the last remaining vintage amusement parks. Find two great articles here: one on Plan Confirmation; the other on the Park Turnaround. …

Conneaut Lake Park: A Work In Progress

Jeanne Lofgren Restructuring & Insolvency 1 Comment

Conneaut Lake Park is in its second bankruptcy proceeding in two decades. In the mid-90s, Conneaut Lake Park exited its bankruptcy case with a sale of substantially all of its assets in exchange for gold bullion. That’s right: gold bullion. Since the mid-1990’s, the assets comprising Conneaut Lake Park and …