Saturday, November 29, 2008

Wisconsin's Jellystone Park campsite files bankruptcy

Minneapolis Star Tribune - Minneapolis,MN,USA
Van Der Molen Recreational Properties Inc., the owner of a Jellystone Park camping resort in western Wisconsin, has sought bankruptcy protection two months after losing a Minnesota lender's lawsuit over missing loan payments.

The company, whose children-oriented campground in Warrens, Wis., includes a water park, has assets of less than $10 million and debt of as much as $50 million, according to Chapter 11 documents filed Wednesday in U.S. Bankruptcy Court in Chicago.
Full Story...
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