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IN RE SUNFLOWER RACING, INC.

Bankruptcy No. 96-21187-11-JTF.

219 B.R. 587 (1998)

In re SUNFLOWER RACING, INC. d/b/a The Woodlands, Debtor.

United States Bankruptcy Court, D. Kansas.

April 8, 1998.

Attorney(s) appearing for the Case

F. Stannard Lentz, John J. Cruciani, Lentz & Clark, P.A., Overland Park, KS, R. Scott Beeler, Lathrop & Gage, L.C., Overland Park, KS, for Debtor.

Jan Hamilton, Leon B. Graves, Hamilton, Peterson & Keeshan, Topeka, KS, for Hollywood Park, Inc.

Mark A. Shaiken, David L. Zeiler, Stinson, Mag & Fizzell, P.C., Kansas City, MS, for Creditor Group, Collectively.

Laurence M. Frazen, Bryan Cave, L.L.P., Kansas City, MS, for Bank Midwest, N.A.

S. Todd Barton, Carrington, Coleman, Sloman & Blumenthal, L.L.P., Dallas, TX, for FCL Loans, L.P.

Thomas M. Franklin, McQuain, Block, Dehardt & Rosenbloom, P.C., Kansas City, MS, for Mid-Continent Racing and Gaming Company I, II and III.

MEMORANDUM OPINION

JOHN T. FLANNAGAN, Bankruptcy Judge.

Sunflower Racing, Inc.'s May 1996 bankruptcy has prevented creditors from foreclosing on The Woodlands race track while Sunflower lobbied for slot machines to boost the track's revenues. Having failed in this effort, Sunflower now plans to sell the track to an Indian Tribe after two more years if governments would permit. To make the sale, Sunflower...

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