Beta

Cloverleaf Enterprises, Bankr. D. Md., Docket No. ‎09-20056‎ (2009-06-03)

  • Maryland, 4th Circuit
    $9 million in cash at closing; extending the DIP Loan (to be credited against the cash amount of the purchase price); an additional $3 million if the Purchaser obtains a $15,000,000.00 bond to be serviced through a dedication of funds from the standardbred purse account and authorized by the Maryland General Assembly; an additional $5,000,000.00 if slots are authorized through a constitutional provision and gaming is operational at Rosecroft by December 1, 2012

In re Claim Jumper Restaurants, LLC, et.al., as City, Ltd.,, Docket No. 10-12819 (Bankr. D. Del. Sep. 10, 2010)

  • Delaware, 3rd Circuit
    $27 million of cash paid to the Debtors, $5 million of cash used to collateralize the Debtors' obligations under certain letters of credit, and assumption of up to $23.3 million of liabilities.