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Glenwood Caverns Adventure Park filed for Chapter 11 bankruptcy after a $116 million judgment over a 2021 child’s death on a ride, despite limited insurance coverage.
Glenwood Caverns Adventure Park has filed for Chapter 11 bankruptcy in Delaware after a $116 million judgment from a 2023 court ruling over the 2021 death of 6-year-old Wongel Estifanos, who fell 110 feet on the Haunted Mine Drop ride.
The park, which reopened the ride as the Crystal Tower in 2023, says it cannot afford the award despite insurance covering only $5 million.
The bankruptcy allows continued operations while reorganizing debt, with officials emphasizing job preservation and commitment to obligations.
The Estifanos family is the largest creditor, and the park’s assets are valued at $10–$50 million.
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Glenwood Caverns Adventure Park se declaró en bancarrota del Capítulo 11 después de una sentencia de $116 millones por la muerte de un niño en un paseo en 2021, a pesar de la cobertura de seguro limitada.