IBJNews

State Supreme Court won't review Holiday World case

Back to TopCommentsE-mailPrintBookmark and Share

The state Supreme Court is allowing the widow of the former president at southern Indiana's Holiday World to keep control of the amusement park.

The court on Monday declined to review a state appeals court ruling that Lori Koch could maintain 60 percent ownership of the park in Santa Claus, Ind. She took control of the shares upon the sudden death of her husband and park president Will Koch in 2010.

Dan Koch had tried to buy his brother's shares, but the appeals court ruled that his $27 million offer violated terms an agreement on the sale of shares if any siblings died.

Dan Koch gives no indication in a statement that he'll sell his 40 percent ownership and says he wants to continue his involvement with the park.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
ADVERTISEMENT