Indianapolis Downs Blasts Ex-GM's Compensation Claims

Law360, New York (August 22, 2011, 6:58 PM EDT) -- Indianapolis Downs LLC said Friday that the former general manager of its casino operations got his facts wrong when he objected to the so-called racino's bid to halt fulfillment of his compensation package.

In a declaration filed in Delaware bankruptcy court, Indianapolis Downs — which has racetrack and casino facilities — disputed Richard Kline's assertion that he resigned his position with the company effective June 1 “for good reason” and was entitled to the remainder of his contract. Although the company informed Kline in April that...
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