LATEST UPDATE FROM THE ILLINOIS HARNESS HORSEMANS ASSOCIATION REGARDING
From their website:
Monday, February 2, 2015
One time sensitive issue has been resolved. Our concern over our future stakes payments has been
alleviated. It has been agreed that Maywood/Balmoral will have a segregated stakes trust account
held for the benefit of the depositor horse owner. Because of that, we are encouraging anyone
wishing to stake a horse, to do so without concern of those future dollars. This money is clearly
identified by the bankruptcy court as horsemen money and will be treated as such.