Zayat Stables has agreed to sell all of grade I winner and probable Kentucky Derby favorite Eskendereya this year under a bankruptcy reorganization plan that projects all creditors will be paid in full by the end of 2014.
As part of the voluminous reorganization plan filed in
New Jersey federal bankruptcy court April 16, Zayat Stables and its
managing member and officer, Ahmed Zayat, project various income and
expense scenarios under which creditors will be paid.
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