Found October 14, 2009 on SportsBiz: Yardbarker Blogger Network
Coninuing our legal theme of the day, we turn now to bankruptcy court and for a change our venue is not the Valley of the Sun, but the land of the Black-eyed Susans.   The federal Bankruptcy Court judge overseeing the bankruptcy of Magna Entertainment approved a proposal to conduct an auction of Pimlico Race Course and Laurel Park on January 8, 2010.  Under Maryland law, recently passed to protect the Preakness, the state has sixty days to review any bid for Pimlico and then ma...

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