Hard Rock Park Could Reopen by Spring
February 11, 2009 by Christian Stegmaier
by Christian Stegmaier
cstegmaier@collinsandlacy.com
From today’s The State (2/11/09):
A buyer for Hard Rock Park has emerged with plans to reopen the theme park by Memorial Day if the sale is approved, according to court documents.
FPI MB Entertainment LLC is offering to pay $25 million for the park, which debuted in April and closed in bankruptcy in September. The company, which is registered in Delaware, is asking the court to approve the sale of the property – free of liens – by Feb. 20. It has requested a hearing at 10 a.m. Feb. 17. The company has given the trustee $2.3 million toward the purchase, according to the documents filed Tuesday.
Click here for the entire story: http://www.thestate.com/breaking/story/681375.html
Needless to say, the reopening of Hard Rock Park would be a very good thing for the Grand Strand.
Click here as well for an informative blog about Hard Rock Park: http://hardrockparkblog.com/
About Christian Stegmaier
Senior Shareholder
Christian Stegmaier is a shareholder and chair of the Retail & Hospitality Practice Group at Collins & Lacy in Columbia. He is also active in the firm’s professional liability and appellate practices. Stegmaier welcomes your questions at (803) 255-0454 or cstegmaier@collinsandlacy.com.