NYRA Hits Back In Fight Over Competing Plan

Law360, New York (November 20, 2007, 12:00 AM EST) -- The New York Racing Association has fired back at Plainfield Special Situations Master Fund Ltd., blasting the fund's bid to terminate the NYRA's control of its reorganization and file a competing Chapter 11 plan as a self-serving attempt to derail the progress the NYRA and others have made in the restructuring.

On Monday, the NYRA filed its response to Plainfield's emergency motion to terminate the NYRA's right to maintain exclusive control of its reorganization, as well as Plainfield's objection to the NYRA's bid for extension of...
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