Not much has taken place more than a year after the Yavapai Downs horse racetrack’s bankruptcy trustee first filed suit against the track’s former board of directors and managers.
Neither side has yet conducted depositions on witnesses since trustee Brian Mullen filed the complaint in Yavapai County Superior Court on Sept. 9, 2011, accusing track directors and managers of a poor job of running the track before shutting it down in May 2011 and filing for bankruptcy two months later.
The defendants claim Mullen is trying to “shake down the defendants’ insurer” with the lawsuit to get money for the bankrupt corporation.
An amended complaint includes former Yavapai County Farm & Agriculture Association board member Charles Krause alongside Jeff Wasowicz, Rod Cordes, Kevin Keighron, Laurie Boaz and Phil Bybee, as well as their spouses. It also
accuses former general manager Gary Spiker and former finance director Sharon Fischer of breach of statutory duties and breach of contract.
The defendants accused Mullen of filing detailed financial reports about the track in the court case just to “generate publicity and poison the jury pool.”
