NYC OTB: Court dismisses bankruptcy case..

[freddymo]

Originally Posted by Kasept

Union argues against dismissal of New York City OTB bankruptcy case
By David Grening

The goal of the plan is not to re-open the shuttered parlors and teletheatres, but instead to recover monies previously paid to the state’s racetracks that would be used toward paying health and welfare benefits to the approximately 1,000 terminated OTB employees as well as approximately 600 retirees of the corporation.

Wow that is the greatest argument ever by the Union attorney. 700 an hour for that swill? The creditors(tracks) should be forced to repay the shell because OTB was insolvent and they didnt get fair value. WHOLLY mother of G-d that is special.