Magna Entertainment Corp.

Company

  • Pre-filing annual sales: $687 (millions of current dollars)
  • Pre-filing assets: $1,431 (millions of current dollars)
  • Pre-filing number of employees: 5,300
  • Sub-industry: 79 Amusement And Recreation Services
  • Place of incorporation: DE
  • Court for city of headquarters: Outside United States
  • In business at filing? yes

Chapter 11 case

  • Chapter at filing: Chapter 11
  • Who filed case? debtors
  • Debtor's lead attorney: Weil Gotshal
  • Date of filing: 3/5/2009
  • Court district of filing: DE
  • Court city of filing: Wilmington
  • Case number: 09-10720
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? yes
  • §363 sale: no 363 sale
  • Dip loan final approval? yes
  • Plan type: free fall

  • Disposition status: confirmed
  • Date of disposition: 4/29/2010
  • Judge at disposition: Mary F. Walrath
  • Days from filing to disposition: 420

After the case

  • Did firm emerge? Company emerged
  • Did firm refile? not emerged 5 years


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