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Santa Fe Downs plans 1976 season amid bankruptcy filing
Leonard Fruchtman said Santa Fe Downs plans a 1976 racing schedule while seeking reorganization under federal bankruptcy law after default threats on a 1.9 million dollar first mortgage. The track filed in Albuquerque federal court and will negotiate with creditors to restructure debts.
MENTIONED IN THIS ARTICLE
Santa FE
Santa Fe Downs Board
Leonard Fruchtman
U.S. District Court
Albuquerque
Fruchtman
Toledo
Ohio
Downs
Santa Fe Downs
New Mexico Racing Commission
American Bank of Commerce
Santa Fe Dennis
Tom Dunigan
Las Cruces
Dunigan
Racing Commission
Billy Saxon
Track
Fidelity National Bank of Albuquerque
ABC
Fidelity
American Bank of Commerce Saxon
Walter L. Goodwin
Pontoague
Stewart Harvey
J.W. Eaves