Contract To Run Playland In Effect During Bankruptcy Case: Judge

RYE, NY — Standard Amusements' bankruptcy case was not dismissed, and the contract between Westchester County and Standard will remain in effect while its bankruptcy case continues.

Those were rulings issued Wednesday by U.S. Bankruptcy Judge Robert Drain, according to the Journal News.

Standard was given a 30-year agreement to take over management of the county-owned Playland amusement park under the administration of then-County Executive Robert Astorino in 2016.

After County Executive George Latimer took office, he terminated the deal, saying that Standard was in breach of the contract and had improperly claimed it had invested money in the park.

Standard denied the allegations, but filed for bankruptcy in May. The company asked the court to block the county from terminating the agreement.

In response to the court's decision, John Rapisardi, the attorney for Standard Amusements, said the company was pleased.

"We look forward to making our case in the weeks and months to come, including demonstrating the impact of Westchester County's invalid termination of Standard Amusements' contract," he said.

"Our contract makes the most sense for Rye Playland and for Westchester taxpayers, and we have abided by it," Rapisardi said.

County attorney John Nonna said the ruling was not about the underlying contract dispute and that the county would make its case in court on the merits," the Journal News reported.

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