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Six Flags hops on Ch. 11 rollercoaster

Posted on June 15, 2009 2:53 PM
Theme park operator Six Flags Inc. took a ride to bankruptcy over the weekend, with plans to restructure its debts and continue operating in bankruptcy protection.

The debtor will continue operating through the use of its cash collateral. Judge Christopher S. Sontchi of the U.S. Bankruptcy Court for the District of Delaware in Wilmington will consider the interim use of the debtor's cash collateral at a hearing scheduled for Monday.

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  • 337 in-depth reports of Bankruptcies in the Leisure sector
  • 26 in-depth reports of Reorganization plans in the Leisure sector
  • 19 in-depth transaction records for Six Flags
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