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ID Liquidation One, LLC
Case Number:
1:11-bk-11046
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April 26, 2012
Indy Downs Pursues Sale, Ch. 11 Plan On Dual Track
Bankrupt Indianapolis Downs LLC has decided to sell its combined horse racing and casino operation to pay back creditors, but if the price isn't right, the company intends to reorganize under the control of lenders, according to Chapter 11 plan documents filed Wednesday.
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April 19, 2012
Indy Downs Can't Run From $17M Casino Contract, IP Claims
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.
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March 09, 2012
Bankrupt Racino Owner Sues To Block $17M In IP Claims
Bankrupt racetrack and casino operator Indianapolis Downs LLC launched an adversary proceeding Friday objecting to $17 million in claims filed by its former management company and a sister company's claims over trademarks.
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August 26, 2011
Developer Wins OK To Pursue $600M Defamation Suit
Real estate developer The Cordish Co. can pursue its $600 million defamation suit in Maryland federal court against the CEO of bankrupt casino operator Indianapolis Downs LLC after a Delaware bankruptcy judge gave it the go-ahead Friday.
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August 22, 2011
Indianapolis Downs Blasts Ex-GM's Compensation Claims
Indianapolis Downs LLC said Friday that the former general manager of its casino operations got his facts wrong when he objected to the so-called racino's bid to halt fulfillment of his compensation package.
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August 16, 2011
Lender Slams Racino For 'Slow Playing' Ch. 11 Case
A creditor for Indianapolis Downs LLC on Monday accused the bankrupt racino operator of slow playing its Chapter 11 case to give its CEO ample time to recover as much money as possible.
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