Racing at the Waterford Speedbowl during the 2015 season took a big step toward being reality on Wednesday. Likely new track owner Bruce Bemer confirmed exclusively to RaceDayCT Wednesday that all parties have come to a settlement that will end the courtroom drama that had slowed movement forward with the foreclosure auction of the facility. […]
Start Your Engines: Settlement Reached In Waterford Speedbowl Foreclosure Case
February 4, 2015 by 40 Comments
Formal Appeal Of Waterford Speedbowl Foreclosure Auction Sale Filed Monday Morning
January 26, 2015 by 39 Comments
The courtroom saga that has surrounded the foreclosure auction of the Waterford Speedbowl will continue. Michael Bonnano, attorney for creditor Ed DeMuzzio, confirmed Monday that a formal appeal of the approval of the foreclosure auction sale price was filed Monday morning with the state superior court in New London. “The appeal was filed this morning,” […]
With Deadline Looming, No Word On Possible Appeal Of Waterford Speedbowl Foreclosure Auction
January 23, 2015 by 22 Comments
A deadline for possible appeal of approval of the foreclosure sale of the Waterford Speedbowl looms on Monday, though creditor Ed DeMuzzio isn’t saying if he’s made any decisions regarding possible action. On Jan. 5, Superior Court Judge Emmet Cosgrove denied a motion by DeMuzzio to reconsider the previous approval of the auction sale […]
No Resolution Monday In Court For Waterford Speedbowl Foreclosure Auction Issues
January 5, 2015 by 55 Comments
NEW LONDON – The saga that is the foreclosure sale of the Waterford Speedbowl continued its tedious drag through the court system on Monday in New London. Monday, Superior Court Judge Emmet Cosgrove denied a motion by creditor Ed DeMuzzio to reconsider the previous approval of the auction sale price of the Speedbowl. Bruce Bemer […]
Door Not Fully Closed On Whelen Mod Tour Event At Waterford Speedbowl In 2015
December 18, 2014 by 15 Comments
On Wednesday officials from NASCAR released the 2015 schedule for the Whelen Modified Tour. There were few surprises left to be revealed upon its release, as most tracks on the schedule had previously released their own 2015 schedules. What was a surprise to some though was seeing that the Waterford Speedbowl was not on the […]
Creditor Files Motion For Reconsideration Of Approval Of Foreclosure Auction Sale Of Waterford Speedbowl
December 3, 2014 by 23 Comments
A creditor in the foreclosure auction case involving the Waterford Speedbowl filed a motion Wednesday that delays an expected appeal of the recent approval of the auction sale price of the track. Ed DeMuzzio, a creditor in the foreclosure case involving the Speedbowl, filed a “motion to reconsider” with the court, asking the judge that […]
Appeal Not Yet Filed To Approval Of Foreclosure Auction Sale Of Waterford Speedbowl
December 1, 2014 by 16 Comments
The attorney representing Ed DeMuzzio, who has said he intended to appeal the approval of the foreclosure auction sale of the Waterford Speedbowl, told RaceDayCT on Monday that no appeal has been filed with the court system as of yet. Attorney Michael Bonnano said Monday that DeMuzzio, a creditor in the foreclosure case involving the Waterford […]
Rocco Arbitell Says No Negotiating With Objecting Creditor In Speedbowl Foreclosure Mess
November 20, 2014 by 34 Comments
Rocco Arbitell said Thursday that he and business partner Peter Borelli will not negotiate with Ed DeMuzzio to try and get DeMuzzio to scrap plans for an appeal of the recent Waterford Speedbowl foreclosure auction. Arbitell and Borelli are the lead creditors in the ongoing saga that is the foreclosure auction of the Waterford Speedbowl […]
Breaking: Creditor Set To Appeal Approval Of Foreclosure Auction Sale Of Waterford Speedbowl
November 17, 2014 by 30 Comments
Editors Note: Ed DeMuzzio’s loan to the property owners was about $110,000 with another $140,000 in accrued interest built up over time. DeMuzzio’s company was responsible for the track’s first website, but that site has been revamped multiple times since then and DeMuzzio has had nothing to do with the support, design or development of the track […]
Breaking: Court Prepared To Approve Foreclosure Auction Sale Of Waterford Speedbowl
November 14, 2014 by 19 Comments
A memorandum of decision posted Friday on the State of Connecticut Judicial Branch website indicates that Superior Court judge Emmet Cosgrove is prepared to approve the sale of the Waterford Speedbowl to Bruce Bemer on Monday in New London. Bemer was the high bidder – at $1.75 million – in the foreclosure auction that took […]
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