NYRA Seeks More Time To File Plan

Law360, New York (June 26, 2007, 12:00 AM EDT) -- The New York Racing Association Inc. has asking the court overseeing its Chapter 11 proceedings for an extension of its exclusive rights to file and seek support for a reorganization plan, citing the fact that the current franchise under which it operates racetracks is slated to expire at the end of 2007.

The NYRA filed its second extension motion Monday, requesting that its exclusive filing and solicitation rights be extended through January 15, 2008 and March 14, 2008.

In its first exclusivity motion, which was filed...
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