Overview

• The court ruled that the Texas Renaissance Festival must proceed with the $60 million sale agreement made in April 2023.
• Judge Gary W. Chaney awarded over $22 million in damages and $1 million in legal fees to the plaintiffs, RW Lands Inc. and others.
• The lawsuit alleged that festival founder George Coulam failed to provide necessary documents and did not close the sale as agreed.
• Coulam denied the claims, arguing there was no valid contract and that both parties failed to meet obligations by the closing date.
• Festival representatives assured that the 2025 season will proceed as planned, with no decision yet on a potential appeal.