Receiver Appointed for Prominent Thoroughbred Owner Stonewall Stalli...

05/27/10


As recently Reported by The New York Times, the horse industry in Kentucky continues to feel pressure from the downturn in the economic climate. An Article from BloodHorse.com describes the troubles of another large horse operation, Stonewall Farms. Fifth Third Bank has recently been successful in seeking the appointment of a receiver for the sale of multiple horses owned by Stonewall Farms. As previously posted on this blog, Fifth Third Bank is likewise one of the primary creditors associated with the bankruptcy proceeding for major thoroughbred owner Zayat Stables.

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