Between April 1983 and April 1985, there were around 200 lawsuits filed against Action Park. There were also the lawsuits filed over the deaths in the park. At the time, the largest award was for $118,000, to a Brooklyn man injured on the Blue Water Slide. In November 1984, the owner had pleaded guilty to charges that essentially amounted to the creation of a fake insurance company located in the Cayman Islands. The company existed on paper only and created just to give the appearance of legitimately having insurance. Settlements were then paid out not by any insurance company, but by the corporation itself. Mulvihill was handed only three years of probation, $300,000 in fines, and an order to sell the property but he didn't, and no one followed up. By 1986, he was expanding his holdings by buying from the state a mountain that he had been renting for part of the park.

The horror continues

Action Park officially declared bankruptcy in 1995, and was bought by another company and then reopened as Mountain Creek Waterpark in 1998. In 2010, ownership went back to the Mulvihill family, and in 2014 – two years after the death of the infamous Eugene Mulvihill – son Andy restored the name amid promises to make it safer. But no promises were lived up to. Cannonball Falls was shut down in August 2015 after a series of injuries that cemented the ride's status as record-holder for ride-related injuries in the state. In 2014, there were 25 accidents reported at Action Park. That may not sound like much – at least, not compared to the old Action Park – but it was still more than any other park in the state. The park was back making headlines in 2018, too, when a portion of the water park was overcome with chlorine fumes and 15 people were taken to the hospital for treatment.

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