Author Topic: TIMMY the TERRIBLE . Has lost control …  (Read 2994 times)

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LUCPARK

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TIMMY the TERRIBLE . Has lost control …
« on: March 04, 2026, 05:23:53 PM »
This chapter 11

Leaves everything  up to judge

New buyer of his track will not  gave to absorb any loss

Timmy the terrible (owner )


Thought he was slick

He’s fcked again

Fckin pigeon brain

I  can’t wait till I walk and meet the new owners

 tmbz1
REAL AMERICANS DONT TAKE A KNEE

Yonkers1A

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #1 on: March 04, 2026, 05:28:44 PM »
I thought Chapter 11 allowed for Ownership to stay , all  the creditors get hosed.

Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #2 on: March 04, 2026, 05:51:16 PM »
Initial demands to the new owners ngc3

A meet and greet.

LUCPARK has a permanent "RESERVED" table at the finest of dining there.

Against a wall, corner so he can see everyone coming. 

An arty picture with a pigeon in it, symbolic of his long road back and score. 

His  favorite drink and dish named after him. 

A VIP box seat just before the finish line.

An all access Track VIP pass.

He gets to refer the Racing Secretary that's to be hired.

More to come... ;D

Kole Hanover

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #3 on: March 04, 2026, 06:09:31 PM »
When was he last in control?
Best time of year watch the young horses racing for great money. Nothing better than following the horses, going to wherever their next stake is, with family.

Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #4 on: March 04, 2026, 06:13:07 PM »
Initial demands to the new owners ngc3

A meet and greet.

LUCPARK has a permanent "RESERVED" table at the finest of dining there.

Against a wall, corner so he can see everyone coming. 

An arty picture with a pigeon in it, symbolic of his long road back and score. 

His  favorite drink and dish named after him. 

A VIP box seat just before the finish line.

An all access Track VIP pass.

He gets to refer the Racing Secretary that's to be hired.

More to come... ;D

Timmy the terrible toe gets invited to the grand re-opening so they can pass the torch to the new owners.

Once they smash the champagne...

Police surround THE TOE, and LUCPARK informs THE TOE that he's permanently trespassed from the new Hawthorne racetrack (whatever the fuck it's called  ngc3)...and a sad, failed, lonely TOE wanders into the Cicero sunset never to be seen again.

The end  ngc3

Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #5 on: March 04, 2026, 06:14:13 PM »
When was he last in control?

Still in control, he just filed bankruptcy.

Calhoun

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #6 on: March 04, 2026, 06:23:28 PM »
Damn shame. It was fun going there or spk.  Hawthorne Inn Tavern, Benny's, Lagostino's all were great spots for before/after the races.


Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #7 on: March 04, 2026, 06:29:33 PM »
Damn shame. It was fun going there or spk.  Hawthorne Inn Tavern, Benny's, Lagostino's all were great spots for before/after the races.

Disgusting!

Look what's been replacing these haunts

You need a fucking app to reserve, order, chew your fucking food.

Our wisdom, they'll just ask the internet.

They're replacing us with AI.

Soon we'll only have each other here and family, and the cemetery next stop.  ngc3

LUCPARK

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #8 on: March 04, 2026, 06:31:44 PM »
The judge released money just to payoff money owed to horsemen

And resurface or convert the track
REAL AMERICANS DONT TAKE A KNEE

Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #9 on: March 04, 2026, 06:39:33 PM »
The judge released money just to payoff money owed to horsemen

And resurface or convert the track

It'll get fucked up, watch.  ngc3

The judge ordered the back money paid  tmbz1 what about the future money, where's it coming from, the TOE'S magic fairy  ngc3

The judge is going to save the titanic 2,  ngc3  good luck your honor!   ngc3

Now the shit show got real, that's all that means, watch the next bunch of fuck ups, delays, motions, appeals   ngc3

I bet you the TOE ends up in WITSEC  ngc3

RAT!  ;D


GOAT

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #10 on: March 04, 2026, 07:00:51 PM »
Trigger should buy Hawthorne and bring it back to prominence. He will get the Hambo to move to Hawthorne. Then he will soil his drawers.

Sweet

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #11 on: March 04, 2026, 07:02:57 PM »
Trigger should buy Hawthorne and bring it back to prominence. He will get the Hambo to move to Hawthorne. Then he will soil his drawers.

I just checked, I can mail my feces to you.  Please pm your receiving address  ngc3

GOAT

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #12 on: March 04, 2026, 07:10:59 PM »
1600 Pennsylvania Ave, Washington DC

Kole Hanover

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #13 on: March 04, 2026, 07:52:13 PM »

 Judy Scheindlin should throw her little hat in the ring
Best time of year watch the young horses racing for great money. Nothing better than following the horses, going to wherever their next stake is, with family.

Papillon

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Re: TIMMY the TERRIBLE . Has lost control …
« Reply #14 on: March 04, 2026, 08:26:25 PM »
Officials said they planned to begin a Thoroughbred meet in the first 10 days of April.
A federal judge in an Illinois bankruptcy court on Wednesday approved motions that will allow Hawthorne Racecourse in Stickney to tap a line of credit to pay back wages to its employees and convert its racing surface from a Standardbred track to a Thoroughbred track, according to officials who attended the hearing.

Judge Timothy Barnes of the U.S. Bankruptcy Court for the Northern District of Illinois approved the allocations during the second day of a hearing to consider the opening elements of Hawthorne’s reorganization under Chapter 11 of the bankruptcy code. The track filed for bankruptcy on Friday after years of financial struggles.

Though Hawthorne is seeking access to $16 million in debtor-in-possession financing, the judge approved the allocations for wages and the surface conversion so that Hawthorne could begin planning for a live Thoroughbred meet this year, according to David McCaffery, executive director of the Illinois Thoroughbred Horsemen’s Association.

The judge also approved some allocations for Hawthorne to begin paying its simulcasting debts to other racing companies, but that allocation represented a fraction of what the companies are owed. The trustee who is overseeing the process also received approval for language that would mandate that simulcast companies be paid for any future revenues, McCaffery said.



Most simulcast providers cut off Hawthorne in the past 18 months because of delinquent payments. The largest debt, approximately $7.1 million, is owed to the simulcasting arm of 1/ST Racing and Gaming, which currently operates Santa Anita Park and Gulfstream Park. Other companies are owed anywhere from $1.2 million to hundreds of thousands of dollars.

McCaffery said that Hawthorne officials said during the hearing that they intended to start a live Thoroughbred meet sometime in the first 10 days of April. The track was scheduled to start its 2026 meet on March 29, but that was prior to the bankruptcy filing. Last year, the Illinois Racing Board granted the track a total of 63 live racing days for 2026.

The renovation of the track will take place this weekend, according to McCaffery, and the track should be open for training by Tuesday. Hawthorne began a winter Standardbred meet this year but was forced to abandon the meeting when the IRB revoked its harness license in late January because of unpaid purses.

Hawthorne, which has been operated continuously for 117 years by four generations of the Carey family, is seeking to reorganize so that it can attract a buyer or partner who can take advantage of legislation passed in 2019 that allows the track to operate a casino. The track’s current management has been unable to reach a deal for the past six years as the financial condition of the track deteriorated.

A third hearing has been scheduled for next Tuesday to discuss additional elements of the reorganization, including a motion to free up $3 million in funds in horsemen’s accounts that have been inaccessible since late last year. The funds include those held by both Standardbred and Thoroughbred horsemen.

 

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