Classicstar

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ClassicStar Principals Plead Guilty

ClassicStar Principals Plead Guilty

Three ClassicStar principals -- David Plummer, Spencer Plummer, and Terry Green -- have pleaded guilty to charges of conspiracy to defraud the U.S. through a fraudulent tax shelter under the ClassicStar Mare Lease Program, according to the U.S. Department of Justice.

Judge Jump-starts ClassicStar Litigation

Judge Jump-starts ClassicStar Litigation

More than two years after the first federal lawsuits were filed in connection to the former ClassicStar broodmare lease operation, efforts are being made to clear legal logjams that have impeded resolution of now multiple disputes.

Bank Seeks ClassicStar Assets

Bank Seeks ClassicStar Assets

Fifth Third Bank is asking a federal bankruptcy court for assistance in taking possession of certain assets held by ClassicStar LLC, including stallion shares and income from other sires.

Judge Orders ClassicStar Liquidation

Judge Orders ClassicStar Liquidation

A federal bankruptcy judge has signed an order to convert the Chapter 11 business reorganization of ClassicStar LLC to Chapter 7 liquidation, paving the way for creditors to pursue whatever assets they can find linked to the former broodmare-lease operator.

Motion Seeks ClassicStar Liquidation

Motion Seeks ClassicStar Liquidation

A motion has been filed in a Kentucky federal court asking to convert the bankruptcy protection of former broodmare lease operator ClassicStar LLC from Chapter 11 business reorganization to Chapter 7 liquidation.

ClassicStar Suits Transferred to Kentucky

Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.

ClassicStar Lawsuits Transferred to Kentucky

ClassicStar Lawsuits Transferred to Kentucky

Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.

ClassicStar Files Claims Against Former Executives

ClassicStar has filed a series of legal documents that both level allegations of blame against two of their former executives and make a request to consolidate a cross-country myriad of federal lawsuits into a Kentucky federal court.

Hearing on ClassicStar Sale Horses Set

A hearing on motions that may impact the sale of certain horses affiliated with the controversial ClassicStar mare lease program will be heard Oct. 3 in a Lexington courtroom.

Suit Involving ClassicStar Filed

Individuals claiming they were bilked out of millions of dollars by ClassicStar's high-profile mare lease and breeding program are awaiting answers to a recent complaint filed on their behalf

Plummers No Longer With ClassicStar

ClassicStar, a venture that involves the leasing of mares, is continuing to operate after an announcement that David Plummer and his son, Spencer, are no longer associated with the outfit.

Boosted by Thoroughbred Corporation Horses, Keeneland Numbers Soar

Boosted by Thoroughbred Corporation Horses, Keeneland Numbers Soar

When Johar finished in a dead-heat with High Chaparral for first in the John Deere Breeders' Cup Turf (gr. IT) on Oct. 25, it was one of the closest and most exciting races in the 20-year history of the Breeders' Cup and left racing fans buzzing for days. The excitement from that race extended into the sales ring during Tuesday's second session of the Keeneland November Breeding Stock in Lexington, Ky. as Windsharp, Johar's dam, brought a top bid of $6.1 million.

Here and There

Barclay Tagg to judge Grand Champion Maryland yearling show... Cincinnati Therapeutic Riding and Horsemanship to visit River Downs Saturday.

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