Fog/Mist 34°
Tag:

Bankruptcy Declaration

Business
Standard Amusement, Former Planned Playland Operator, Files For Bankruptcy Standard Amusement, Former Planned Playland Operator, Files For Bankruptcy
Standard Amusement, Former Planned Playland Operator, Files For Bankruptcy The company that would have taken over control of Rye Playland filed for bankruptcy on the same day Westchester County terminated the contract for Standard Amusements to run the park. Standard Amusements filed for Chapter 11 bankruptcy this week, weeks after Westchester County Executive George Latimer announced that he was ending their deal, which was the company’s largest source of revenue. Latimer announced in April that the county will be terminating the contract with Standard because it “did not engage in the ongoing process to resolve its breaches of the Playland Agreement.” In its …

SHARE

by Zak Failla