NEWS
Alabama businessman hit with US$287,000 default judgement over dead-in-the-water theme park project
POSTED 29 Apr 2016 . BY Tom Anstey
Bryan Robinson (left) was touted as a top investor for the DreamVision project
The businessman touted as a top investor in a multi-billion dollar multi-theme park proposal has been hit with a default judgment after ignoring a lawsuit against him.

Bryan Robinson was hit with three lawsuits regarding failures to fulfil financial obligations in March and April. As a result the prime benefactor of the now defunct theme park project must pay US$287,470.87 (€252,632.85, £196,811.47) for not responding to a lawsuit relating to a land investment deal.

The lawsuit, filed on 15 March, came from Allan Neill, an investor in a land deal with Robinson. Lauderdale County judge Mike Jones entered the default ruling against Robinson on 27 April.

According to the filing, Robinson received a sum of US$250,000 (€220,000, £171,000) from Neill, promising to return him a profit of US$25,000 (€22,000, £17,100) within eight days. Robinson failed to pay him anything.

Robinson has also failed to respond to the two other lawsuits in which he is a defendant. In total, he collected US$600,000 (€527,000, £411,000) from three investors for land that Robinson's company – Robinson Capital Investments – did not own.

PROJECT PROFILE:

DreamVision Soundscape
Hot on the heels of its announcement for a US$3.5bn (€3.1bn, £2.3bn) winter wonderland theme park to be built in Fort Worth, Texas, multi-media entertainment company DreamVision has unveiled plans for a second US$3.5bn theme park for Muscle Shoals, Alabama.

Location: Alabama , United States
Budget: US$3.5bn

RELATED STORIES
  Lawsuits mount against Alabama theme park developer


A businessman touted as a top investor in a multi-billion dollar multi-theme park proposal for Alabama is facing legal drama stemming from the seemingly failed project.
  Company behind DreamVision restructures as US$7bn theme park plans progress


After months of silence following the grand announcement of two US$3.5bn (€3.1bn, £2.3bn) theme parks in Texas and Alabama, the company behind the project has said further plans will be announced by the end of the year after a company restructuring.
  DreamVision follows up on winter wonderland with US$3.5bn music theme park


Hot on the heels of its announcement for a US$3.5bn (€3.1bn, £2.3bn) winter wonderland theme park to be built in Fort Worth, Texas, multi-media entertainment company DreamVision has unveiled plans for a second US$3.5bn theme park for Muscle Shoals, Alabama.
 


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29 Apr 2016

Alabama businessman hit with US$287,000 default judgement over dead-in-the-water theme park project
BY Tom Anstey

Bryan Robinson (left) was touted as a top investor for the DreamVision project

Bryan Robinson (left) was touted as a top investor for the DreamVision project

The businessman touted as a top investor in a multi-billion dollar multi-theme park proposal has been hit with a default judgment after ignoring a lawsuit against him.

Bryan Robinson was hit with three lawsuits regarding failures to fulfil financial obligations in March and April. As a result the prime benefactor of the now defunct theme park project must pay US$287,470.87 (€252,632.85, £196,811.47) for not responding to a lawsuit relating to a land investment deal.

The lawsuit, filed on 15 March, came from Allan Neill, an investor in a land deal with Robinson. Lauderdale County judge Mike Jones entered the default ruling against Robinson on 27 April.

According to the filing, Robinson received a sum of US$250,000 (€220,000, £171,000) from Neill, promising to return him a profit of US$25,000 (€22,000, £17,100) within eight days. Robinson failed to pay him anything.

Robinson has also failed to respond to the two other lawsuits in which he is a defendant. In total, he collected US$600,000 (€527,000, £411,000) from three investors for land that Robinson's company – Robinson Capital Investments – did not own.




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