Trustee Objects To UTGR Deal To Cancel Dog Contract

Law360, New York (November 11, 2009, 2:35 PM EST) -- A U.S. trustee has filed an objection to bankrupt casino owner UTGR Inc.'s settlement agreement with the Rhode Island Greyhound Owners Association allowing the cancellation of a contract providing racing dogs for the company's gaming facility and greyhound racing track Twin River.

In a filing with the U.S. Bankruptcy Court for the District of Rhode Island on Monday, The U.S. trustee said that the settlement agreement would unnecessarily bind the court and creditors as to the treatment and classification of RIGOA's claim in a reorganization plan...
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