Playland Operator Reaches $12 Million Bankruptcy Settlement Posted on April 19, 2021 by The National Trial Lawyers The Westchester County Board of Legislators last week approved a bankruptcy court settlement with Standard Amusements regarding the management of Playland Amusement Park in Rye. The settlement, which the board approved 13-4, was negotiated by the county and Standard – the terms of which were previously approved by the bankruptcy court. The agreement gives the county significantly improved terms compared with the 2016 agreement, which had become the subject of a dispute in Standard’s bankruptcy reorganization filing. Read the source article at The Examiner News
