Judge in Hawthorne Bankruptcy Case Affirms Aug. 31 Move-Out Date

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The judge in charge of the bankruptcy sale of Hawthorne Race Course on Friday issued updated move-out guidelines to the roughly 175 people and 125 horses that remain on the backstretch there. The writ out of United States Bankruptcy Court, Northern District of Illinois (Eastern Division), maintains an Aug. 31 “possession of premises” date that the debtors had sought to change to Aug. 28.Hawthorne, owned by the Chicago area's Carey family for the past 117 years, filed for Chapter 11 bankruptcy protection six months ago in an attempt to restructure between $100 and $500 million in debt. The racetrack property is scheduled to be sold to a non-racing entity for $90 million on Sept. 1.The judge's Aug. 21 writ outlined the following terms:“To the Residents: This Order requires you to vacate the Hawthorne Property no later than 9:00 a.m. on Monday, Aug. 31, 2026. That includes removing any personal property and animals owned by you or under your control.“Failure to vacate the Hawthorne Property by 9:00 a.m. on Monday, Aug. 31, will be a violation of this Order [and] may result in your being excluded from the Hawthorne Property and loss of access to your personal belongings.“Any Resident who objects to the terms of this Order or who believes that he or she has a right to continue in residence at the Hawthorne Property may appear before the court on Aug. 26, at 2:00 p.m. in person or over Zoom.”The court provided this link for instructions on attending the hearing.The post Judge in Hawthorne Bankruptcy Case Affirms Aug. 31 Move-Out Date appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.