Balmoral Racing Club, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On July 15, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Balmoral Racing Club, Inc. and its affiliates.

The filing was assigned docket number 239 and is described on the court’s official docket as follows:

Notice of Motion and Motion to Approve Second Amendment to Stipulation Among (I) Empress Casino Joliet Corporation, Des Plaines Development Limited Partnership, d/b/a Harrah’s Casino Cruises Joliet, Hollywood Casino-Aurora, Inc. and Elgin Riverboat Resort-Riverboat Casino, d/b/a Grand Victoria Casino, (II) John A. Johnston, and (III) Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. Filed by Erich S Buck on behalf of Balmoral Racing Club, Inc.. Hearing scheduled for 7/21/2015 at 09:30 AM at 219 South Dearborn, Courtroom 619, Chicago, Illinois 60604. (Attachments: # (1) Proposed Order) (Buck, Erich)

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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