Camp Mystic filed for Chapter 11 bankruptcy reorganization on Wednesday, almost a yr after catastrophic floods killed 25 women and two teenage counselors on the all-girls Christian camp in Texas.
In paperwork filed with the U.S. Bankruptcy Court in the Southern District of Texas in Houston, the camp listed its debt as exceeding $10 million. The camp alongside the Guadalupe River mentioned it had belongings in the vary of 100,001 to $500,000.
Families of the victims filed a lawsuit in November, saying the camp operators did not take the necessary steps to guard the ladies as life-threatening floodwaters approached on July 4. Camp proprietor Richard Eastland additionally died in the flood.
All advised, the damaging flooding killed not less than 136 people alongside a several-mile stretch of the river, raising questions about how issues went so terribly incorrect.
The bankruptcy submitting comes weeks after Camp Mystic halted plans to reopen this summer time in the face of shock from victims’ households and lawmakers that the century-old camp supposed to welcome women again whereas lawsuits and investigations remained ongoing.