Court documents: Owner of Oheka Castle files for Chapter 11 bankruptcy
According to court documents, the property owes $63 million to creditors.
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The owner of Oheka Castle in Huntington has filed for Chapter 11 bankruptcy.
According to court documents, the property owes $63 million to creditors.
The documents say the property has no cash and $57 in a checking account, but also $92 million in assets.
The historic castle is a popular wedding venue, restaurant and hotel.
It is also used in movies and music videos.
In a statement to the court, the owner says he is seeking bankruptcy to make sure the value of the property is maximized instead of being sold at public auction.
