Whitewater Amphitheater in New Braunfels is seeking protection under Chapter 11 of the U.S. Bankruptcy code.

According to a release from Whitewater, the filing is intended to provide the company with the time and flexibility to complete a financial restructuring while continuing normal business operations.

Chapter 11 bankruptcy is a legal process that allows a company to reorganize its finances under the supervision of a bankruptcy court while continuing to operate.