Dolphins for Sale: Bankrupt Mexican Water Park Sells Assets Including Animals

Liquidators of The Dolphin Company, operator of water parks in Mexico, are seeking court approval to sell parks in Cancun and 87 dolphins for $20 million. The move comes amid a conflict with ousted CEO Eduardo Albor, whom the judge fined $10,000 per day for interfering with operations.

Liquidators of The Dolphin Company, a Mexican-American water park operator, have asked a Delaware bankruptcy court to approve the sale of assets including water parks in Cancun, Mexico, as well as 87 dolphins, 6 sea lions, and 8 manatees, for $20 million. The buyer is Rodrigo Constandse Córdova, CEO of competitor Delfinus. The company filed for bankruptcy protection last year after lenders ousted longtime CEO Eduardo Albor. Since then, it has sold several parks in the US and Europe. The conflict between Albor and the liquidators includes a $10,000 per day fine imposed on him for interfering with park operations, as well as his petition to dismiss the bankruptcy. Albor claims the problems stemmed from the COVID-19 pandemic. The process requires court approval.