Indy Downs CEO Gets OK To Examine Winning Bidder's Docs

Law360, Wilmington (October 5, 2012, 10:02 PM EDT) -- A Delaware bankruptcy judge on Friday allowed Indianapolis Downs LLC's CEO to examine communications between Centaur Gaming LLC, which agreed to buy the rival horse track and casino for $500 million, and certain state agencies, finding his discovery requests pertinent to the Chapter 11 proceedings.

Chairman and CEO Ross Mangano sought discovery into Centaur's dealings with Indiana governmental agencies on behalf of himself and several family trusts, collectively known as the “Oliver parties,” claiming the communications went to both the feasibility of the sale and the...
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