A petition has been filed in U.S. Bankruptcy Court in Delaware that could force SpeedVegas, a driving experience south of Las Vegas, into bankruptcy, the Las Vegas Review-Journal reported today. A rare involuntary petition for bankruptcy protection was filed Saturday and amended yesterday listing six petitioners seeking at least $5,259 each. To file an involuntary petition, at least three creditors must seek payment totaling a minimum $15,775. In the SpeedVegas petition, creditors are seeking at least $15,777. SpeedVegas was the scene of a car accident that killed a Canadian tourist driving a Lamborghini and a driving instructor who was in the car’s passenger seat. An investigation by the Nevada Office of Safety and Health found that SpeedVegas had a substandard fire and safety plan and failed to properly train employees in fire suppression, although the agency ruled that wasn’t a contributing factor in the accident. The agency, which reviewed the crash as a workplace accident, recommended fines totaling $16,000 on three citations involving seven violations. SpeedVegas has until Thursday to contest the citations and fines.
