Shelbyville casino could exit bankruptcy in August
A judge on Thursday approved procedures for the potential sale of the property. Bids must be accepted by July 20, and an auction will be conducted on July 31.
Indianapolis Downs LLC
Articles
Purchase offers fail to satisfy creditors of Shelbyville casino
Owner of Indiana Grand Casino plans to proceed with recapitalization plan instead.
Indiana Downs closing Evansville off-track site
An off-track, pari-mutuel betting parlor in Evansville owned by Indiana Downs is set to close as the central Indiana-based company that owns it remains in bankruptcy protection.
Indiana Live parent seeks Chapter 11 loan extension
Indianapolis Downs LLC, parent company of Indiana Live horserace track and casino in Shelbyville, wants lenders to grant a one-year extension of financing for the Chapter 11 reorganization that otherwise would expire in April.
Indiana Live receives offer from Hoosier Park owner
Indiana Live is receiving overtures from potential buyers, including the owner of local competitor Hoosier Park & Casino, its parent company said in a recent bankruptcy court filing.
Cordish can press suit against CEO of Indianapolis Downs
Cordish Co., a real-estate developer building a casino near Baltimore, can pursue a defamation lawsuit against the CEO of its bankrupt former business partner, Indianapolis Downs LLC, a judge said Aug. 26.
Indiana Downs owner halts lawsuit amid bankruptcy
Cordish Cos., a real-estate developer trying to build a casino near Baltimore, must temporarily halt a defamation lawsuit against the chief executive officer of Shelbyville casino owner Indianapolis Downs LLC, a federal judge said Tuesday.
Indiana Live parent files for bankruptcy protection
Indianapolis Downs LLC, which filed for Chapter 11 reorganization, attributed much of its heavy debt load to a $250 million slots-license fee paid to the state.