Keeneland Sues Borislow for $1.7 Million
Updated: Friday, December 8, 2000 1:08 PM
Posted: Wednesday, December 6, 2000 4:35 PM
Keeneland Association has filed a civil suit in Fayette County (Ky.) circuit court against Daniel Borislow because, to date, he has failed to pay the $1,654,000 he owes for the purchase of eight yearlings at this year's September yearling sale. On Nov. 9 Borislow did issue Keeneland a $50,000 check, but it was returned due to insufficient funds. The suit requests damages of $1,730,908.92 for payment and late fees.
Among the horses Borislow purchased in September was a full brother to Old Trieste (A.P. Indy -- Lovlier Linda) which sold for $500,000. Borislow signed that ticket himself, while the remaining seven horses were purchased on his behalf by agent Buzz Chace. The remaining four colts and three fillies are by Broad Brush, Capote, Honour and Glory (two), Kris S., Unbridled, and Woodman. Borislow founded Tel-Save, a communications company which advertised extensively on America Online. He has since sold the company and it has evolved into Talk.com.
A Keeneland representative did not comment beyond saying he hoped the parties would be able to work out the disagreement without heading to trial. Borislow could not be reached for comment.
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