Keyword: bankrutpcy

  • MEC Seeks Court Help to Keep Breeders' Cup

    Magna Entertainment Corp. is asking a Delaware bankruptcy judge to approve an agreement to keep this year's Breeders' Cup World Championships at Santa Anita Park even if the California track ends up in the hands of a new owner.

  • Frank Stronach

    Frankly Speaking: Stronach on Magna

    Frank Stronach is chairman of Magna Entertainment Corp., a major racetrack operator that filed for Chapter 11 bankruptcy protection March 5. He also is the owner of Adena Springs, which won its fifth consecutive Eclipse Award as outstanding breeder in 2008 while Stronach picked up his fourth Eclipse as outstanding owner. Stronach discussed the MEC bankruptcy with The Blood-Horse following the Adena Springs sale of 2-year-olds in training.