United States Bankruptcy Court, D. Delaware February 9, 2011, 91-00483 (Magna Entertainment Corp. v. PA Meadows, LLC (In Re Magna Entertainment Corp.))

OPINION

1

MARY F. WALRATH, Bankruptcy Judge.

Before the Court are the Cross Motions for Summary Judgment filed by Plaintiff, Magna Entertainment Corp. (“MEC”) and by Defendant, PA Meadows, LLC (“PAM”) on the Complaint filed by MEC seeking payment under a Holdback Agreement between the parties.