Spellbound is going home to his rider after a Maryland court's ruling. The public auction scheduled by the pony's former hunter/jumper trainer Kim Stewart is canceled.
Kim Stewart auction canceled
Spellbound is headed home.
It comes after a Maryland judge granted a motion filed by pony owner Maria Chungunco’s for a temporary restraining order Wednesday.
The public auction of the pony Spellbound
was scheduled by hunter/jumper trainer Kim Stewart of Glenwillow Farm, Inc. It has been canceled.
Stewart scheduled a public auction to sell Spellbound, owned by her former client, alleging they owe $207,000. She claimed the pony was being sold pursuant to Maryland’s Livestock Lien Law through Flashpoint Bloodstock. Although, there was no court order permitting the sale of the pony.
Chungunco must meet two conditions to secure Spellbound’s release next week. She was ordered to pay Stewart’s business, Glenwillow Farm, Inc., $25,000 by the end of business Friday. Additionally, the horse show mom was ordered to secure a $225,000 bond, by August 26th, to replace the original bond secured by Stewart.
A hearing is scheduled for August 27th to ensure all terms are met. Upon the judge’s approval, Chungunco will secure possession of Spellbound and the junior hunter gelding named Exclusive.
The validity of Stewart’s case will be decided at a later time.
Chungunco filed suit against Stewart and veterinarian Hope Batchelor, DVM in Florida last week for fraud and professional negligence.
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