AUSTIN (Nexstar) — All five lawsuits against Camp Mystic are on hold.
In the early hours of Wednesday morning, Camp Mystic, LLC, Natural Fountains Properties, Inc., Mystic Camps Family Partnership, Ltd., and Mystic Camps Management, LLC, all filed for chapter 11 bankruptcy.
“Filing for bankruptcy means that all lawsuits against Camp Mystic… they are temporarily paused by something called the automatic stay,” Sarah Foss, Global Head of Legal at DebtWire, said. “It is possible for the bankruptcy court to lift the automatic stay to allow that litigation of the cases… that were commenced or filed before the bankruptcy to proceed in the court where they were filed while the case is still pending.”…