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Vote set on Zayat bankruptcy plan

Top Thoroughbred owner Ahmed Zayat's creditors will vote in the next month on his proposal to bring his stable out of bankruptcy.

"It seems there is a light at the end of the tunnel, and finally the process is coming to an end," Zayat said Thursday. "I'm happy to get my plan heard and I'm very confident of it being confirmed."

U.S. Bankruptcy Judge Donald H. Steckroth on Wednesday ordered the vote and approved of Zayat's disclosure statement, over the objections of Fifth Third Bank.

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