Kentucky Derby hopeful, Great
Hunter, is caught in a legal skirmish that
could threaten the colt's chance of a
victory in the upcoming Running of the
Roses. Great Hunter, a colt owned by
J. Paul Reddam, is the subject of a lien by
a Kentucky Bank.
Reddam purchased Great Hunter for $550,000. It is
that the colt was included as
collateral by the colt's former owners Ilona
Whetstone. Whetstone and her
husband have since defaulted on the loans.
On March 2, 2007, Fifth Third bank took
legal possession of 29 horses including Dis
Miss and a 2007 filly by Candy Ride.
for Reddam have filed a lawsuit to seek
protection for Great Hunter. In the lawsuit,
it is claimed that Fifth Third Bank has interested suitors
to purchase Great Hunter and that the bank
will sell its claim unless a settlement is
reached with Reddam.
If the court rules again Reddam, then Great
Hunter could miss his Derby start and may be
prevented from running in future events.
has earned $750,000 during his racing career
which includes wins at the Robert B. Lewis
and in the Breeder's Futurity. The 2004
colt is trained by Doug O'Neill and is
scheduled to make his Derby run under the
guidance of jockey, Corey Nakatani.
Reddam Seeks Court Protection for Great Hunter
Bloodhorse.com, March 27, 2007.