Confirmation of a plan allowing the Jockeys' Guild to emerge from bankruptcy was delayed for at least a couple of weeks during a Nov. 17 hearing in a Kentucky federal court, but the judge presiding over the Chapter 11 reorganization said he expects to approve the necessary order when it crosses his desk.
Two days after the Jockeys' Guild filed a formal plan of reorganization in its Chapter 11 bankruptcy, the U.S. Trustee overseeing the action dropped the group's former national manager Wayne Gertmenian from the unsecured creditors committee.
A federal judge presiding over the Jockeys' Guild bankruptcy proceedings denied a request to move the case to California Jan. 29, saying Kentucky was the right place for the group to reorganize its operations.
Most Popular Stories
- Two IL Tracks File for Bankruptcy Protection
- British Racing Undertakes Education Program
- Undefeated Dortmund Wasn't Always So Popular
- Lukas Pointing 'Brandi' to Kentucky Oaks
- Golden Gate Winter/Spring Meet Starts Dec. 26
- Millionaire Kiri's Clown Euthanized at Age 25
- Baffert Quartet Faces Shared Belief in Malibu
- Secret Circle Aims for Season-Ending Win
- Intriguing Maidens in MD Juvenile Futurity
- Baltas, Pedroza Square Off at Los Alamitos