Milan Dragway Has Been Sold?

[WhiteHawk]

I wonder if there is a big liability underneath Milan for groundwater? I remember going there for a Lolopalooza show in the late 90's, and the water was undrinkable - it tasted like gasoline. It would suck to have someone buy that place, and then have it shut down as an EPA Superfund site or something...

-Geoff

[black88coupe]

If I hit mega millions tonight I am in.

-Geoff

Crossing my fingers for you

[black88coupe]

They ran Sat & Sun last weekend and last Wednesday night. They know they are day to day depending on how the court case goes. Am told the MX track owners have a plan B (alternate site) if needed. According to the court docket they are represented in court (along with about 100 other people). A lot of lawyers buying BMWs after this is over.

OK gotcha Thanks

[dline]

2.45 million $$

[camaromann]

Cliff notes anyone? I click both links and it says no content.

[loosenut]

Cliff notes anyone? I click both links and it says no content.

They were fighting over who the receiver should be. Gold tried to bring up a buyer again and the judge said it has to go through the Receiver. There is about 2.45 Million owed to the 3 secured creditors. Unknown how much is owed to the unsecured creditors.

Judge decided on a lawyer receiver over the real estate receiver proposed by one of the creditors.

If I missed anything at the end, I got a phone call and couldn't replay the last couple minutes.

[camaromann]

They were fighting over who the receiver should be. Gold tried to bring up a buyer again and the judge said it has to go through the Receiver. There is about 2.45 Million owed to the 3 secured creditors. Unknown how much is owed to the unsecured creditors.

Judge decided on a lawyer receiver over the real estate receiver proposed by one of the creditors.

If I missed anything at the end, I got a phone call and couldn't replay the last couple minutes.

Thank you sir. So hopefully the receiver deals with a good buyer for the track and quickly.

[RacerX]

I wonder if there is a big liability underneath Milan for groundwater? I remember going there for a Lolopalooza show in the late 90's, and the water was undrinkable - it tasted like gasoline.

That's just naturally occurring hydrogen sulfide. Most households with that issue utilize a chlorine-injection water softener to eliminate the smell/taste, but a large facility like that wouldn't bother to.

[loosenut]

I wonder if there is a big liability underneath Milan for groundwater? I remember going there for a Lolopalooza show in the late 90's, and the water was undrinkable - it tasted like gasoline. It would suck to have someone buy that place, and then have it shut down as an EPA Superfund site or something...

-Geoff

I was at that show.

[draggingto]

Any updates on this? Has gotten kinda quiet.