Dubai firm says partner bankruptcy won't halt park

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Tatweer, a leisure developer owned by Dubai's ruler, said on Monday the bankruptcy of its partner Six Flags (SIXF.OB), one of the world's largest theme park operators, will not delay a multi-billion dirham project.

New York-based Six Flags, which operates or owns 20 parks in North America, said on Saturday it filed for Chapter 11 bankruptcy protection as it struggled with a $2.4 billion debt burden and faced a looming cash payment of $300 million.

"The chapter 11 announcement from Six Flags has no impact on our theme park plans or their openings," Tatweer said in an e-mailed reply to Reuters questions.