The primary developer of Celebration Pointe, Svein Dyrkolbotn, filed for Chapter 7 bankruptcy last week as the overall company continues through bankruptcy lawsuits along with claims of more than $100 million in fraud.
The personal bankruptcy filing comes 18 months after three companies that form Celebration Pointe, all managed by Viking Companies that Dyrkolbotn leads, initiated bankruptcy proceedings. Celebration Pointe is a shopping and entertainment destination just west of I-75.
In September, VyStar Credit Union, who loaned different entities connected with Dyrkolbotn just over $48 million, filed a motion asking the courts to hire a neutral third party to manage the shopping destination instead of Dyrkolbotn and Viking Companies, a process called receivership…