Six Flags Creditors Balk At Revised $620M Claim

Law360, New York (February 26, 2010, 6:57 PM EST) -- Unsecured creditors are trying to get about $200 million in what they say are new claims thrown out of the increasingly fractious bankruptcy proceedings for amusement park operator Six Flags Inc.’s parent company.

On the eve of the confirmation trial of the current debtors’ plan of reorganization, a group of noteholders has interjected several new claims that boost their total claims from the original $420 million, filed in December, to $620 million, according to an objection filed Friday by the official committee of unsecured creditors in...
To view the full article, register now.