- 12395
MEMBERS - 2561322
MESSAGES - 0
POSTS TODAY
Discussions
From: Amy (1pony)
Feb-8
The Drama continues, I feel bad for the buyers who are being dragged into this and have to spend money to fight the suit.
Zayat Lender Lawsuit Weighed by Kentucky Supreme Court
In Kentucky's highest court, MGG Enterprises is seeking the right to recoup sales proceeds from the buyers of several Zayat Stables horses and shares of American Pharoah. Those buyers are some of the most prominent names in the Thoroughbred industry.
Read more from BloodHorse.comFrom: gerchgo
Feb-8
Yes I feel bad for the buyers, but is MGG just being greedy, or trying to cover the fact they were slacking in keeping tabs on horses they invested toward? Most businesses seem accept what they’re given in dispersals and sales thru bankruptcy?
From: Amy (1pony)
Feb-9
The problem is that Zayat sold horses prior to the bankruptcy and MGG never received the money from those sales. They are claiming that they had liens on the horses, however the sales companies and hence the buyers do not have to abide by the liens per State Ordinance, so shame on MGG for not knowing the law in regards to animals and liens.
From: Amy (1pony)
Feb-9
Will they let it go now?
HISA Enforcement Recommends No Action in Lukas Classic
Kentucky "stewards had a reasonable basis to find that the horseshoes worn by Hot Rod Charlie during the 2022 Lukas Classic (G2) did not violate" HISA rules, the HISA enforcement team wrote in a Feb. 8 recommendation to its board of directors.
Read more from BloodHorse.comFrom: Amy (1pony)
Feb-17
Riches owner not giving up
Rich Strike owner is 'not going away,' wants Shoegate reversal
Rich Strike's owner calls on federal racing authority directors to reverse Shoegate decision.
Read more from Horse Racing NationFrom: gerchgo
Feb-17
Sigh…….
I thought they said the shoes had been modified and ground down since new shoes weren’t available? If they are indeed specs over required, then HISA needs to address. This will not make any friends, Richie better run well in Dubai or the naysayers will be out.
- Edited February 17, 2023 10:52 am by gerchgo
From: cigarello
Feb-17
Double sigh! he needs to move on
He is turning a fairy tale story into what will soon be a nightmare
From: gerchgo
Feb-17
I really don’t think toe grabs would have given an advantage anyway, it was a dry fast track? If anything, his “unorthodox” jockey may not have timed his ride perfectly????