On March 31, 2016, a plan of liquidation was filed in the bankruptcy case of Balmoral Racing Club, Inc. and its affiliates.
The filing was assigned docket number 464 and is described on the court’s official docket as follows:
Chapter 11 Plan of Liquidation Pro rata percentage to be paid to Unsecured Creditors. Filed by Nathan Q. Rugg on behalf of Balmoral Racing Club, Inc.. (Attachments: # (1) Exhibit A)(Rugg, Nathan)
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.