PIMLICO RACING ASSOCIATION, INC. Bankruptcy Filing
Case Number: 09-10736
PIMLICO RACING ASSOCIATION, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on March 05, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-10736.
PIMLICO RACING ASSOCIATION, INC. Filing Information
The bankruptcy petition for PIMLICO RACING ASSOCIATION, INC. showed assets in the range of more than $1B with liabilities in the range of $500MM - $1B. PIMLICO RACING ASSOCIATION, INC. reports that the number of creditors is in the range of 10,001-25,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
PIMLICO RACING ASSOCIATION, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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PIMLICO RACING ASSOCIATION, INC. Docket Header
JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 09-10736-MFW
Assigned to: Mary F. Walrath Chapter 11 Voluntary Asset |
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| Debtor Pimlico Racing Association, Inc. 5201 Park Heights Avenue Baltimore, MD 21215 Tax ID / EIN: 52-1494527 |
rep. by |
Mark D. Collins
Richards Layton & Finger One Rodney Square PO Box 551 Wilmington, DE 19899 302-651-7531 Fax : 302-651-7701 Email: collins @ rlf.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
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