Beloved Colorado theme park files for bankruptcy after wrongful death lawsuit

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Glenwood Caverns Adventure Park, a unique amusement park located on a Colorado mountaintop, has filed for Chapter 11 bankruptcy protection just months after being hit with a nine-figure wrongful death judgment. The park's leadership cited the devastating financial impact of the $100 million judgment as the primary reason for the bankruptcy filing.

Why it matters

The closure of Glenwood Caverns Adventure Park would be a major loss for the local community and Colorado tourism, as the park was a beloved regional destination. The bankruptcy also highlights the immense financial risks and liabilities that theme parks and amusement operators face, especially in the wake of tragic incidents.

The details

Glenwood Caverns Adventure Park was sued following the death of a 6-year-old girl who was killed on one of the park's rides in 2025. The family was awarded a $100 million wrongful death judgment against the park, a figure that the park's leadership said it could not feasibly pay. As a result, the park has been forced to file for Chapter 11 bankruptcy in order to try to stabilize its finances and operations.

• The incident that led to the $100 million judgment occurred in 2025.
• Glenwood Caverns Adventure Park filed for Chapter 11 bankruptcy in February 2026.

What’s next

The bankruptcy proceedings will determine the future of Glenwood Caverns Adventure Park and whether it can continue operations in some capacity.