Balmoral Racing Club, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On March 3, 2015, an order regarding the motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Balmoral Racing Club, Inc. and its affiliates.

The filing was assigned docket number 136 and is described on the court’s official docket as follows:

Order Granting Motion for Administrative Procedures for Treatment and Payment of Funds Related to Stakes Races and Stakes Accounts (Related Doc # [129]). Signed on 3/3/2015. (Green, Charlie)

Balmoral Racing Club, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on December 24, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 14-45711. The bankruptcy case is currently assigned to United States Bankruptcy Judge Donald Cassling. The law firm of Adelman & Gettleman, Ltd. is acting as lead bankruptcy counsel to Balmoral Racing Club, Inc. in the bankruptcy case.


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