Two former employees of Attractions Hippiques have commented in the mainstream media in regard to the announcement that the Quebec Racetrack operator
is officially bankrupt.
The comments from the pair of former employees -- Benoit Frenette and Antoine Beauvais -- have come in an article by The Montreal Gazette.
While liquidation of equipment and fixtures at Attractions Hippiques' tracks generated more than $400,000, nothing remained for the more than 1,000 unsecured creditors.
“The whole system sucks. He (Attractions Hippiques owner, Paul Massicotte) will sue the government and get a settlement. But for us, there’s no compensation,” Beauvais, the company's former vice president of marketing, was quoted as saying. Beauvais was owed $50,000.
The article states that Hippodrome de Montréal racing secretary Benoit Frenette -- who had an outstanding claim against Attractions Hippiques for more than $37,000 -- said he was “very disappointed – not just for me, but for all the industry. I just hope it starts well and better and soon.”
Click here to the read The Montreal Gazette article in its entirety.
(With files from The Montreal Gazette)