Posted
A financial group seeks a default judgment against Freestyle Music Park for non-payment, while BMW seeks same for allegedly using its Mini trademarks without consent. The park has been closed since last year.
Read more from The Sun News.
They need to just pull the plug on this place and sell what they can to cover the judgement and potential judgments. If they wait to long, the assets (coasters) will lose more value and be harder to unload.
As to the BMW suit, I don't understand it at all. From what I understand, CF made some minor modifications to their cars so they could suspend the BMW licensing fee. The modifications were pretty minor but I guess they were enough.
The Roundabout cars looked as much like a Mini as the CF cars do now. Of course one could argue that no Mini has 3 rows of seats like the Roundabout cars do.
Before you can be older and wiser you first have to be young and stupid.
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