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  1. Jul 22, 2009 · Racetrack operator Magna Entertainment Corp <MECAQ.PK> fraudulently transferred more than $125 million to companies controlled by Canadian billionaire Frank Stronach before filing for...

  2. Mar 5, 2009 · Magna Entertainment, or MEC, a spinoff of auto parts giant Magna International (TSX:MG.A), said Thursday it has filed under Chapter 11 in the U.S. and will also file to have that creditor...

  3. Mar 6, 2009 · Magna Entertainment Corp., the country's largest racetrack operator, filed for Chapter 11 bankruptcy in a Delaware court and has reached an agreement to sell the majority of its racing assets.

    • Matt Hegarty
  4. Nov 26, 2008 · TORONTO, Nov 26 (Reuters) - Canadian auto parts magnate Frank Stronach will take direct control of Magna Entertainment Corp <MECa.TO> under a complex plan announced by the struggling racetrack...

  5. Mar 5, 2009 · Magna Entertainment Corp. announced March 5 it filed for Chapter 11 bankruptcy protection, and also unveiled a plan to sell many of its assets, including Gulfstream Park in Florida, Golden Gate...

  6. BALTIMORE — Magna Entertainment, the owner of Pimlico and Laurel Park racetracks, may be on the verge of filing for Chapter 11 bankruptcy. Advertisement. Magna is about $240 million in debt,...

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  8. Nov 16, 2010 · By Ray Paulick The volume of paperwork in Magna Entertainment’s chapter 11 bankruptcy filing last Thursday yielded some interesting details about the Frank