Hawthorne Race Course, Inc.

  1. April 21, 2026

    4 Bankrupt Cos. Bringing In Cases For Landing

    Four Chapter 11 cases saw filings in the last week that put them on the path toward plan confirmation, spanning the transportation, energy, retail and entertainment industries. Some will be liquidating, others will be reorganizing, but they are all making progress toward case resolution.

  2. March 16, 2026

    Ill. Racetrack Hawthorne Gets 3-Member Creditors Committee

    The U.S. Trustee's Office has appointed an official unsecured creditors committee in a Chicago-area horse track's Chapter 11 case, selecting three horse racing industry creditors.

  3. March 06, 2026

    What's Happening In Bankruptcy Court This Coming Week

    In the week ahead, bankruptcy courts will consider issues including whether to put a trustee in charge of Fat Brands' Chapter 11, if an Illinois horse track can get interim financing access and Spirit Airlines' asset auction procedures.

  4. March 04, 2026

    Hawthorne Inks Emergency Deal Amid Ch. 11 Funding Dispute

    A Chicago-area horse track on Wednesday reached an agreement with its lenders on emergency Chapter 11 financing until the parties return to court next week to consider interim approval of Hawthorne Race Course Inc.'s bankruptcy financing.

  5. March 04, 2026

    Meet The Team Taking The Reins Of Hawthorne's Ch. 11

    A team of Saul Ewing LLP attorneys is guiding Hawthorne Race Course Inc. through Chapter 11 in Illinois as it seeks a buyer for the Chicago-area track.

  6. March 03, 2026

    Hawthorne's Ch. 11 Financing Hits Snag Over Lender Dispute

    A Chicago-area racecourse will return Wednesday to Illinois bankruptcy court as it continues to wrangle with its senior lender over the terms of its Chapter 11 financing.

  7. March 02, 2026

    Chicago-Area Horse Track Hits Ch. 11 With $57M Debt

    A Chicago-area racecourse has filed for Chapter 11 protection in Illinois bankruptcy court with nearly $57 million in debt and plans to seek a buyer a month after state regulators shut down harness racing at the site for financial issues.