Camp Mystic seeks Chapter 11 protection as flood-related lawsuits loom

1 min read
Source: KUT
Camp Mystic seeks Chapter 11 protection as flood-related lawsuits loom
Photo: KUT
TL;DR Summary

Camp Mystic, the Texas camp linked to the Guadalupe River flood that killed 28 people (25 campers, 2 counselors, and the owner), filed for Chapter 11 bankruptcy in the Southern District of Texas. The move triggers an automatic stay on lawsuits while a reorganization proceeds, with claims likely to be resolved through a bankruptcy trust funded by insurance and camp assets. The case involves more than $10 million in debt from 1,000–5,000 creditors, with assets ranging from $1 million to $10 million (and varying assets for related entities). The camp remains closed and is under state investigations, complicating any chance of a quick reopening and potentially delaying ongoing litigation for families seeking justice.

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