- This may be a telling passage, from a story regarding the possibility of the 20% of Curlin owned by the phen-fen plaintiffs being put up for auction:
An attorney for Jess Jackson, the founder of Kendall-Jackson Winery and owner of Stonestreet Stables, and his wife, Barbara Banke, who own 80% of Curlin, said in court documents that until the issue is resolved, it is impossible to sell the horse or the breeding rights.Hard to tell whether the attorney's statement indicates that Jackson has indeed tried to shop the horse to breeders. The 412 plaintiffs are seeking to have their $42 million judgment against Midnight Cry satisfied. But even if the horse is valued as high as, say, $40 million, their 20% will only bring them a fraction of what they're owed. Plus the $445,000 in winnings that have already accrued.
"Some of the best and most viable purchasers will not consider such a transaction while this problem exists," attorney Richard Getty wrote, declining to name the potential buyers or price. [Bloodhorse]