After less than three months since announcing their partnership with Southern Star Amusements, Nickelodeon has ended their licensing agreement with the Louisiana based company. Southern Star was hoping to redevelop Six Flags New Orleans after the devastating affects of Hurricane Katrina left the park all but abandoned.
Six Flags announced that they had filed for Chapter 11 bankruptcy protection. Southern Star Amusement, which has been pursuing the opportunity to take over the former Six Flags amusement park property in New Orleans, has indicated that the move does not come as a surprise.