Ron Mitchell

Ron Mitchell is the Online Editor for www.bloodhorse.com

Eskendereya's Sale Proceeds in Escrow

Eskendereya's Sale Proceeds in Escrow

Documents filed in connection with the Chapter 11 bankruptcy case of Zayat Stables say the money gleaned from the sale of Eskendereya was placed in an escrow account, but do not say exactly how much the colt brought.

Fifth Third Seeks Zayat's Personal Records

Fifth Third Seeks Zayat's Personal Records

In the latest round in the legal battle between Fifth Third Bank and Zayat Stables, the bank is seeking to subpoena the personal banking records of Ahmed Zayat to determine if he has used corporate assets for personal use.

American Lion in 'Maintenance' Work

American Lion in 'Maintenance' Work

With jockey David Flores in from California, WinStar Farm's American Lion worked five furlongs in 1:02 3/5 over a muddy track at Churchill Downs April 26 in preparation for the Kentucky Derby Presented by Yum! Brands (gr. I).

Eskendereya to Be Sold Under Zayat Plan

Eskendereya to Be Sold Under Zayat Plan

Zayat Stables has agreed to sell all of grade I winner and probable Kentucky Derby favorite Eskendereya this year under a bankruptcy reorganization plan that projects all creditors will be paid in full.

Judge Favors Zayat in Latest Legal Round

Judge Favors Zayat in Latest Legal Round

A federal bankruptcy judge in New Jersey has refused to certify a motion filed on behalf of Fifth Third Bank alleging that Zayat Stables had defaulted on terms of a cash collateral agreement.

Zayat Refutes Claims by Fifth Third

Zayat Refutes Claims by Fifth Third

Attorneys for Ahmed Zayat's Zayat Stables are refuting claims by Fifth Third Bank that the prominent stable violated terms of a cash collateral agreement by withdrawing four horses from a Keeneland sale.

Court Approves Zayat, Fifth Third Agreement

An agreement between Zayat Stable and Fifth Third Bank on use of cash collateral funds to continue operations was approved March 8 during a hearing before Judge Donald H. Steckroth in U.S. Bankruptcy Court.

California Clears Zayat on Jelinsky Loans

California Clears Zayat on Jelinsky Loans

The California Horse Racing Board has looked into ties between Ahmed Zayat and two convicted bookmakers and determined there is nothing to indicate the prominent horse owner has violated terms of his license in the state.

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