PRINCE GEORGE'S RACING, INC. Bankruptcy Filing

Filing Information

PRINCE GEORGE'S RACING, 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 #09-10739.

PRINCE GEORGE'S RACING, INC. Bankruptcy Information

The bankruptcy petition for PRINCE GEORGE'S RACING, INC. showed assets in the range of more than $1B with liabilities in the range of $500MM - $1B. PRINCE GEORGE'S RACING, 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 options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

PRINCE GEORGE'S RACING, 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.

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PRINCE GEORGE'S RACING, INC. Bankruptcy Docket Header

JNTADMN




U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 09-10739-MFW

Assigned to: Mary F. Walrath
Chapter 11
Voluntary
Asset
Show Associated Cases
Date filed:??03/05/2009

Debtor
Prince Georges Racing, Inc.
Route 198 & Racetrack Road
Laurel, MD 20724
Tax ID / EIN: 52-1306493

 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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