Equine

As the “Horse Capital of the World,” Kentucky’s equine industry is a cornerstone of our heritage and economy. However, the business of breeding, racing, and boarding horses is inherently high-risk. From market disparities at major sales to the rising costs of bloodstock and operations, even the most established farms can face financial instability over a short time window.  Smaller operations struggle while multi-party syndicate groups are on the rise. 

Gartland Thacker DelCotto PLLC provides sophisticated legal strategy for troubled equine operations. We understand that in this industry, the primary assets are living creatures; caring for the horses and preserving their unique value is always a primary concern. Whether through a Chapter 11 reorganization or a strategic wind-down, we ensure that assets are protected and value is maximized through traditional industry channels rather than distressed “fire sales” or repossessions by lenders. 

Our attorneys have experience navigating the specialized legal issues unique to the equine world, including:

• Lien Analysis & Priority Disputes – We analyze and resolve complex disputes between bank liens and statutory liens, including veterinarian, boarding, and breeding (agister’s) liens.
• Jockey Club & Perfection Issues – We address intricate lien perfection matters involving Jockey Club papers and other registration documents essential for clear title and sale.
• 363 Sales & Value Maximization – We utilize bankruptcy tools to sell equine assets through established auction houses, ensuring assets reach the right buyers at the right time to achieve the highest possible prices.
• Syndication & Share Disputes – We provide counsel on disputes involving stallion syndicates, fractional ownership, and breeding rights. These can become highly contentious and complex multi-party litigation matters
• Lease Strategy – We manage the assumption, rejection, or assignment of leases for bloodstock and farm facilities.
• Critical Vendor & Insurance Management – We ensure the continuity of essential services—including veterinary care and insurance coverage—to protect the health and viability of the assets during restructuring.

Gartland Thacker DelCotto’s experience in the equine sector allows us to guide clients through high-stakes transitions and protect their interests in a complex, multi-party environment. To discuss your specific needs, call us today at 855-649-8289 or email our team to schedule a consultation.