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News & Rumors

 

HOPI HARI
Brazil

 

 

 

Park News - (8/27/16) Bad news for Hopi Hari this week, as the local news reports that the park has filed for bankruptcy protection with the courts in order to avoid a total closure of the park and to find a way to paid off their debts. While bankruptcy law differs from country to country, the way I'm understanding this report seems to be that they are looking to enter into a bankruptcy style restructuring of their debts which typically involves the presentation of a new restructured business plan that a judge would have to agree upon (as well as the main debt holders) as being a reasonable recovery plan. The park would also need the establishment of a small credit line to keep them functioning throughout it all.
    In this case it also looks like they already have a plan ready for presentation that would involve bringing in new investors to take over the park, but this is dependant upon the park getting authorized to enter the bankruptcy process.
    Currently the park is said to be closed until September when they plan on reopening on a limited schedule for their Halloween themed event days.
    There is also a mention of the 10-inversion coaster (See below) that was planned for the park, and while the pieces arrived, I don't believe it was ever put together as everything went on hold after the accident on the park's drop tower in 2012. The translation of the article unfortunately wasn't too clear on the fate of the coaster, but from what I'm told a man who owned a nearby outlet mall paid big money to sponsor the coaster at the park, and when that deal fell apart he was awarded the coaster and apparently removed the parts from the park to put in storage elsewhere. On side note, I'm hearing that he maybe trying to sell the coaster.

 

2017 - Nothing is expected due to the park’s bad financial state. It is unknown if they will open for 2017 or not at this time.

 

 

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