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Camp Mystic Bankruptcy Amid Flood Tragedy | Houston News
Description
Camp Mystic, the beloved Christian summer camp for girls that lost 27 lives in last year’s deadly July Fourth flood, has filed for bankruptcy amid mounting lawsuits and financial turmoil. The flood claimed 25 campers, two counselors, and longtime director Dick Eastland — who ran the camp for three generations. Revenue plummeted nearly 50%, yet the camp paid hundreds of thousands to family-owned companies and relatives, including $480K to its landowner and $300K to six Eastland family members. Unaudited records, damaged by the flood, reveal $8.9M in liabilities — excluding pending wrongful death claims. Parents of victims now lead a creditors committee with power to oversee restructuring and asset sales. Legal experts predict settlements, not trials, may resolve lawsuits — reshaping how families are compensated.
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