Jun 27, 2025 11:01 PM ISTUS Stock Market LIVE Updates: Ex-CEO of Ocean Parks Fined $10,000 a Day in Spat With LendersThe former chief executive officer of a string of bankrupt, dolphin-themed animal parks is facing a $10,000-a-day fine, after he was accused of using credit-card readers he bought at Costco to divert ticket revenue away from his company’s Mexican locations.
A federal judge in Delaware imposed the sanctions on Eduardo Albor, who has been fighting US-based lenders for control of The Dolphin Company, which has theme parks in Latin America, the US and Europe. Judge Laurie Silverstein ordered him to stop interfering in the company’s operations and give new management access to bank accounts and other financial records.
The months-long dispute between Albor and lender-backed new management has disrupted the company’s operations and has threatened the welfare of hundreds of dolphins, sea lions and other animals. The newly appointed independent directors have raised concerns about animal welfare at the company’s theme parks, as a number of dolphins have died in recent months. Regulators have also tightened scrutiny of the company.
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