Sunday, May 27, 2012

Nonprofit briefs | Long Island Business News

by Bernadette Starzee
Published: May 25, 2012
Tags: Dr. Pepper, KaBOOM!, Kentucky Derby, Nonprofit, not-for-profit organizations, Not-for-Profits, OTB, Snapple, Suffolk Regional Off-Track Betting Corp., The Retreat

Suffolk OTB files for bankruptcy after Kentucky Derby Suffolk Regional Off-Track Betting Corp. filed for modification of its debts under Chapter 9 of the U.S. Bankruptcy Code. The Hauppauge-based public-benefit corporation had an earlier petition dismissed in December, with the ruling that state authorization was required for Suffolk OTB to proceed with Chapter 9 bankruptcy. Suffolk ...

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