Fri January 11, 2013
Koch Family Members In Legal Battle Over Control of Holiday World
A judge has placed control of Indiana’s Holiday World theme park in the hands of the widow of the park's late president.
A Vanderburgh County circuit judge has ruled that Lori Koch is majority owner of the holding company that operates Holiday World & Splashin' Safari. She's the widow of former park president Will Koch, who died in June 2010.
Dan Koch had served as Holiday World's president following his brother's death, but Lori Koch fired him after the judge's ruling.
The Evansville Courier and Press reports that Dan Koch is appealing the ruling. Court records show Lori Koch originally sued Dan Koch and Koch Development Co. in January 2011.
The Santa Claus, Ind., theme park has been owned and operated by the Koch family since 1946.
The Kochs briefly led an effort to reopen the Kentucky Kingdom amusement park last year but dropped out of the project, citing concerns with government involvement and the park's condition.