Chad Schumer discusses the offering of a 20% interest in the stallion Curlin, which has a minimum bid price of $2.5 million. Listen Now
A Kentucky state judge ordered April 8 that a lien placed on the purse winnings from Einstein's victory in the Santa Anita Handicap (gr. I) be released, and directed the funds be given to a court-appointed receiver overseeing the financial affairs of Midnight Cry Stable, which is operated by recently-convicted disbarred attorneys Shirley Cunningham Jr. and William Gallion.
Einstein became the first East Coast shipper since Broad Brush in 1987 to capture the $1 million Santa Anita Handicap (gr. I), capitalizing on a perfect trip with jockey Julien Leparoux to defeat the late closer Champs Elysees.
Jess Jackson is involved in a private bid to buy out the 20% minority interest he doesn't control in reigning Horse of the Year Curlin, but actions in a Kentucky court Nov. 13 on the surface probably won't help speed a decision on the champion colt's future.
The court-appointed receiver managing the minority ownership in Horse of the Year Curlin said the sealed-bid process established Oct. 15 to possibly sell the 20% interest in the champion colt will go forward, despite a motion filed in attempt to halt it.
Although Keeneland has announced it has been retained to market the 20% minority interest in reigning Horse of the Year Curlin, a pending motion in a Kentucky court is asking for the current sale process to be halted.
A Kentucky state judge signed an order Sept. 25 that could possibly pave the way for the minority interest in defending Horse of the Year Curlin to be sold by sealed bid.
An application for an owner's license for reigning Horse of the Year Curlin has been received by the New York State Racing and Wagering Board, board spokesman Dan Toomey said July 8.
Reigning "Horse of the Year" Curlin worked an easy half-mile over the main track at Churchill Downs July 7 in preparation for what trainer Steve Asmussen plans as the colt's debut on turf this weekend.
The minority ownership entity of 2007 Horse of the Year Curlin has taken issue with a recent judge's order transferring its management to a court-appointed receiver, saying it would ask for the action to be reconsidered and set aside.
Management of the minority interest in reigning Horse of the Year Curlin and other horses has been transferred to the control of a court-appointed receiver, a move which majority owner Stonestreet Stables says clears the way for the champion horse to race at any venue.
While Einstein, a multiple grade I winner on turf, acquitted himself well on the dirt by running second in the June 14 Stephen Foster Handicap (gr. I) at Churchill Downs, it was a situation he was never meant to be in.
Following Curlin's dominant win in the Stephen Foster Handicap (gr. I) June 14, trainer Steve Asmussen says he's planning to work the reigning Horse of the Year over the Churchill Downs grass course while considering a bid in France's Prix de l'Arc de Triomphe (Fr-I).
A Kentucky state judge has indicated he is ready to order the sale of assets held by companies affiliated with embattled attorneys Shirley Cunningham Jr. and William Gallion, including their minority interest in 2007 Horse of the Year Curlin.
A Kentucky judge delayed ruling on the latest motion asking to foreclose on the company that owns a minority interest in reigning Horse of the Year Curlin Feb. 19, leaving in place, at least temporarily, the colt's clouded ownership structure.
Horse of the Year Curlin is being pointed to the Dubai World Cup (UAE-I) March 29 at Nad Al Sheba Racecourse to make his first start of 2008, majority owner Jess Jackson said.
The current but clouded ownership of 2007 Horse of the Year Curlin remained unchanged following a hearing in a Kentucky state court Jan. 22, with a judge overruling a motion for foreclosure on the minority interest owned by jailed attorneys Shirley Cunningham Jr. and William Gallion.
An attorney representing Stonestreet Stables, the majority owner of leading Horse of the Year candidate Curlin, emphasized Jan. 8 that a foreclosure motion being considered in a Kentucky state court involves only the minority interest in the star colt.
- By Ryan Conley
- News, Northeast Region, Midwest Region, Southeast Region, Southwest Region, West Region
Jess Jackson's Stonestreet Stables now has an 80% ownership interest in Curlin after completing a deal to acquire former partner George Bolton's percentage of the 2007 leading Horse of the Year candidate.
Churchill Downs has filed a lawsuit against Midnight Cry Stable's co-owners, saying it wants a court to decide who should get purse money earned by their runners.
In a race reminiscent of Rags to Riches beating Curlin by a head in this year's Belmont Stakes, the Sept. 30 Jockey Club Gold Cup Invitational (gr. I) at Belmont Park featured Curlin catching favored Lawyer Ron in the final yards for a neck win.
Three lawyers jailed while awaiting trial on charges of bilking clients of millions of dollars in a diet drug settlement will get a chance to argue for their freedom while awaiting trial.
Fresh off his nose victory over Derby winner Street Sense in the Preakness (gr. I) on May 19, Curlin tuned up for the Belmont Stakes (gr. I) June 9 with an easy five-furlong work on Monday at Churchill Downs.
Curlin, who suffered his first defeat in the Kentucky Derby (gr. I), kept gaining down the stretch and got past Street Sense in the final strides to win the Preakness Stakes (gr. I) Saturday at Pimlico.
The Steve Asmussen-trained duo of Curlin and Zanjero each worked a half-mile at Churchill Downs as Kentucky Derby week got off to a warm and busy start Monday, April 30.
Midnight Cry Stable's grade I winner Einstein came from the parking lot to capture the $500,000 Mervin H. Muniz Jr. Memorial Handicap (gr. IIT) on the Fair Grounds turf course Saturday.
The impressive 3-year-old maiden winner Curlin left trainer Helen Pitts' Gulfstream Park barn Thursday for trainer Steve Asmussen's at Fair Grounds in New Orleans following the completion of a private sale by Midnight Cry Stable to Satish Sanan, Jess Jackson and George Bolton.
The Brazilian-bred Einstein, given a clever front-running ride by Rafael Bejarano, held off Go Deputy in the stretch to win the $190,000 Gulfstream Breeders' Cup Turf (gr. IT) by a neck in his stakes debut Saturday in South Florida.
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