http://www.wwl.com/City-and-Six-Flags-have-court-hearing-scheduled-fo/4880033
The city of New Orleans and owners of the Six Flags amusement park in New Orleans East today head back to court , to continue their legal struggle.
The city wants to recoup money it says it is owed and find a way to reopen the complex. Six Flags is in bankruptcy and has not reopened the amusement park since Hurricane Katrina flooded it in 2005. A temporary restraining order is in place keeping Six Flags from removing any more rides or equipment from the park, which has been closed since Katrina.
While the legal battle continues, a Baton Rouge-based company called Southern Star Entertainment has applied for $100 million in GO-Zone bonds to take over the par and redevelop it. The bond commission has delayed that application, and city officials say any future plans for the site are questionable until they can settle the dispute with Six Flags.
The city of New Orleans and owners of the Six Flags amusement park in New Orleans East today head back to court , to continue their legal struggle.
The city wants to recoup money it says it is owed and find a way to reopen the complex. Six Flags is in bankruptcy and has not reopened the amusement park since Hurricane Katrina flooded it in 2005. A temporary restraining order is in place keeping Six Flags from removing any more rides or equipment from the park, which has been closed since Katrina.
While the legal battle continues, a Baton Rouge-based company called Southern Star Entertainment has applied for $100 million in GO-Zone bonds to take over the par and redevelop it. The bond commission has delayed that application, and city officials say any future plans for the site are questionable until they can settle the dispute with Six Flags.