Louisiana horsemen have filed an objection to the Fair Grounds' bankruptcy disclosure statement, alleging that the track misrepresented and omitted key financial information.
Thursday, June 10, 2004Fair Grounds, after failing to reach an agreement with Churchill Downs Inc. on a sale of the track, filed in bankruptcy court Monday evening a Chapter 11 reorganization plan that would allow for an auction of the track through the court.
Tuesday, April 20, 2004Fair Grounds has been granted an extension to Monday to file a Chapter 11 reorganization plan. The extension of Thursday's deadline was granted in order for Fair Grounds officials to have more time to negotiate a possible purchase of the track by Churchill Downs Inc.
Wednesday, April 14, 2004Fair Grounds, which was scheduled to submit a bankruptcy reorganization plan by March 29, has been granted an extension of April 15 by U.S. Bankruptcy Court.
Friday, March 26, 2004