Conneaut Lake Chapter 11 Plan Confirmed
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.
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.
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.