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An attorney for FPI MB Entertainment, which owns Freestyle Music Park, has asked a Delaware judge to give the park more time to pay off the $570,000 in debt that belonged to the former owners of Hard Rock Park.
Read more from The Sun News.
That is a terribly written article, and obviously contains some inaccuracies. I can't figure out how in the world the new owner can be liable for any of the old owner's debt, I thought that was the point of bankruptcy, yet the article makes it sounds like the new owners owe $570 million to various debtholders of the old company. No way that's right. Wonder what the real story is.
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