Glenwood Caverns Files Chapter 11 Bankruptcy Following $116M Verdict in 2021 Ride Death

Glenwood Caverns files Chapter 11 bankruptcy following $116M verdict in 2021 ride death

The company that owns and operates Glenwood Caverns Adventure Park filed for Chapter 11 bankruptcy protection this week following a more than $116 million wrongful death judgment last year tied to the 2021 Haunted Mine Drop accident. Glenwood Caverns Holdings LLC filed for Chapter 11 on Monday in U.S. Bankruptcy Court in Delaware. The filing comes months after a Garfield County jury found the park partially responsible for the death of 6-year-ol…

Colorado theme park files for bankruptcy after fatal fall

By Robert Niles: To the surprise of pretty much no one who has been following this park, the owner of Colorado's Glenwood Caverns Adventure Park has filed for bankruptcy.The mountaintop amusement park filed for Chapter 11 bankruptcy in Delaware yesterday. Last year, a Colorado jury returned a $205 million judgment against the park in the death of a six-year-old girl who was killed on the park's Haunted Drop Ride in 2021. [See Jury awards $205 mi…

Glenwood Caverns Files Chapter 11 After $116M Wrongful De...

The owner of Colorado’s mountaintop amusement destination has sought bankruptcy protection, saying it cannot shoulder the weight of a nine-figure wrongful death verdict. Glenwood Caverns Holdings LLC filed for Chapter 11 in Delaware bankruptcy court on Monday — the same day a noncollection “standstill” agreement expired with the parents of a 6-year-old girl whose 2021 death on a park ride led to a massive court judgment. A Mountain Park Under Fi…