Indy Downs Can't Run From $17M Casino Contract, IP Claims

Law360, New York (April 19, 2012, 12:55 PM EDT) -- Bankrupt racetrack and casino operator Indianapolis Downs LLC must face claims of $17 million over its use of trademarks and the termination of a management contract at an Indiana gaming complex, a Delaware federal judge ruled Wednesday.

U.S. Bankruptcy Judge Brendan L. Shannon granted a motion by two Cordish Co. units to dismiss Indianapolis Downs’ adversary suit objecting to their claims. The March 9 suit alleged that former casino manager Power Plant Entertainment Casino Resorts Indiana LLC provided no support or analysis for $8.3 million of...
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