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Oshkosh Arena owner denies bankruptcy despite $12 million lawsuit, tax woes | WTAQ News Talk | 97.5 FM · 1360 AM

Oshkosh Arena owner denies bankruptcy despite  million lawsuit, tax woes | WTAQ News Talk | 97.5 FM · 1360 AM

Oshkosh Arena PC: Fox 11 Online

OSHKOSH, WI (WTAQ-WLUK) – The owner of Oshkosh Arena admits he is behind on property taxes, but denies the company is insolvent and unable to pay its bills.

Bayland Buildings built the arena at 1212 S. Main Street. Bayland filed suit in June, claiming it is owed more than $12 million.

Last week, Oshkosh Arena and Fox Valley Pro Basketball filed their response to the lawsuit, stating, in part:

  • “FVPB last made a payment to Bayland in March 2024,” but denied being “consistently in default” as claimed
  • The FVPB admits that “at the time of the complaint, it had not yet paid the property tax debt for 2023.”
  • Regarding the $12,417,464.82 claim, the FVPB says it lacks “sufficient knowledge and information to form an opinion as to the truth of the allegation and, therefore, will dismiss the allegation and subject the plaintiff to its burden of proof.”
  • In response to FVPB’s claim that “FVPB is insolvent or at imminent risk of insolvency,” the company simply responded with “Rejected.”
  • In response to the allegation that FVPB “failed to make payments to Bayland and is in material breach of its contractual obligations,” the company responded: “It seeks a declaratory judgment, to which no answer is required; defendants place the burden of proof on plaintiff.”

No hearings have been scheduled in this case.

Oshkosh records show three missed property tax payments this year on January 31, March 31 and May 31 totaling $482,586.95. Another payment is due on July 31.

The arena’s main tenant, the Wisconsin Herd basketball team, has already announced several of its home dates for the upcoming season.