Jan 28, · Public auction of The Bull, Wisconsin's only Jack Nicklaus Signature golf course, canceled 20 minutes before sale was set to start. The announcement of a Chapter 7 bankruptcy being filed was made. Introduction. On May 1, , Magna Entertainment (“Magna”) filed a motion in the United States Bankruptcy Court for the District of Delaware whereby it sought authority to schedule an auction, receive approval of auction bid procedures and proceed with the sale of assets (the “Sale Motion“).). I have previously written about bankruptcy sale motions on this blog, however, I wanted to. May 28, · The moratorium ended Tuesday, and the bank moved quickly on Wednesday to schedule a new auction date. Sheboygan attorney Richard Hahn, representing Wisconsin Bank and Trust, said Thursday he expects the trustee, Virginia George, would continue to communicate with potential buyers, should there be any, until the auction takes place.