Motion filed to dismiss Bala’s bankruptcy case
Saying that former owners Racing Services Inc. Susan Bala lacked the authority to file for bankruptcy under Chapter 11 because their company into bankruptcy, North Dakota Attorney General Wayne Stenehjem presented a request for the Tribunal to make redundancies in the event of bankruptcy, Bala’s in Delaware.
“In effect, Bala tries to use bankruptcy proceedings as a means to renounce their agreement with the State of North Dakota as a whole,” the movement’s Stenehjem country. The complaint was filed in the United States Bankruptcy Court, Fargo, North Dakota, Fargo Forum reports.
Bala downplayed the request for dismissal and said that the Delaware court would have never accepted the event of bankruptcy, if it is not appropriate.
However, Stenehjem said that at least they do not reveal enough information about their predicament. “If the file as a sworn statement attesting that it has their own good faith, I think you have the duty to tell the whole truth, and they do not seem to tell the whole truth,” he told the Forum .
Wayne Stenehjem Drewes named as recipients of services on August 21 Racing filed after a civil complaint against Bala and his company and said it underreported $ 99 million in hand, while not to pay $ 6.3 million in the form of taxes. The continuing unrest in Bala, with Racing Services Vice President Raymundo Diaz and his company, Global Contact Inc., was charged with state and federal charges in connection with illegal betting and fraud.
In a separate request, Stenehjem, the Tribunal has asked to begin meeting with creditors after 8 April 25 instead of the originally planned March futures because Bala appears in court on 8 April, if they had taken control of Racing Services.
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