WMBFNews.com | Myrtle Beach/Florence, SC | News, Weather, SportsFreestyle slapped with new $1.07M lawsuit
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HORRY COUNTY, SC (WMBF) - Legal troubles continue to mount for Freestyle Music Park, after a Florida company filed a $1.07 million lawsuit against the embattled attraction.
Officials with VenCore Solutions, LLC, said they were led to file the lawsuit after the owners of Freestyle Music Park failed to comply with terms and conditions outlined in a lease agreement.
In a certified letter to Freestyle on April 20, VenCore Chief Operating Officer James P. Johnson demanded an outstanding debt of $339,687.12 be paid to the company by April 30.
After Freestyle failed to pay up prior to the April deadline, the lawsuit said VenCore inflated the balance owed to $1,074,738. The amount, according to Johnson, included past due lease rental payments, sales taxes, personal property taxes, collection costs, accrued late charges, plus attorneys' fees and costs.
In the lawsuit, VenCore also looks to repossess equipment leased to the park, including more than 120 two-way radios, speaker microphones and shelving.
Freestyle's latest brush with the legal system isn't its first after announcing it would not reopen for the 2010 season. The park's current owners, FPI MB Entertainment LLC, have been served multiple lawsuits for broken lease agreements.
Freestyle Music Park came under financial fire early on after purchasing the $400 million attraction formerly operated as Hard Rock Park. The park, according to officials, was purchased under bankruptcy for $25 million and more than $569,000 in outstanding debt.
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