8 things to know: Canton restaurant hits market; Supreme Court holds up Purdue Pharma case; Preakness date change?
A Canton corner restaurant known for its chocolate macaroni and cheese is for sale. Joanna Sullivan/BBJ

8 things to know: Canton restaurant hits market; Supreme Court holds up Purdue Pharma case; Preakness date change?

Good morning and TGIF!

I am definitely ready for some football. The NFL returns to Baltimore this weekend with the first Ravens pre-season game at M&T Bank Stadium. The Ravens take on the NFC champions, the Philadelphia Eagles, in what is supposed to be a beautiful summer night in downtown Baltimore.

Here's what else you need to know to start your day.

Proposal calls for new date for Preakness Stakes

The Preakness Stakes wouldn't take place until four weeks after the Kentucky Derby, not the usual two, under a plan being proposed by the CEO of 1/ST Racing, the company that owns and operates Pimlico Race Course. The move would be in the best interests of "horses and horse safety," Aidan Butler told the Thoroughbred Daily News. But the New York Racing Association told the Baltimore Sun that it has no plans to move the Belmont Stakes, which typically runs three weeks after Preakness. The Kentucky Derby, Preakness Stakes and Belmont Stakes make up the three-race Triple Crown. “NYRA has concerns about fundamental changes to the structure of the Triple Crown,” spokesman Patrick McKenna said. The proposal could pit the racing industries in Maryland and New York against each other.

Supreme Court weighs in on Purdue Pharma bankruptcy

The U.S. Supreme Court put has put the bankruptcy reorganization of opioid maker Purdue Pharma on hold by granting an emergency request from the Biden administration that objected to provision in the proceedings that protects the company's controlling owners, the Sackler family, from liability for lawsuits, the Wall Street Journal reports . The justices unanimously blocked an appeals court decision that would have moved the bankruptcy case forward. The Sackler family agreed to a $6 billion settlement related to opioid-related claims but only if it was released from liability in future lawsuits.

Gilman grad turned NFL player talks finance

Speaking of the Eagles, the Baltimore Business Journal's cover story this week features Victor Abiamiri, a former Eagles lineman who is now co-head of the Baltimore private client group at Baltimore's Brown Advisory, a fast-growing investment firm in Fells Point. Abiamiri, Gilman School grad, retired from the NFL in 2011 after suffering several injuries. BBJ Reporter Garrett Dvorkin, also a Gilman grad, sat down with Abiamiri to find out how his skills on the field transferred to finance. Abiamiri said he's used lessons learned from some of his most influential coaches, Super Bowl winner Andy Reid and Notre Dame's Charlie Weiss. "Winning is having an opportunity and seizing that opportunity," Abiamiri told Dvorkin. "Every game is an opportunity, both sides get together and have a chance to win. I think the same way at Brown Advisory."

Canton restaurant on the market

Fans of Ted Stelzenmuller's chocolate mac n' cheese and Guinness filet mignon are feeling a little sad these days. The popular Canton chef and owner of Blair's on Hudson has decided to sell his corner restaurant so he and his wife can enjoy retirement. Stelzenmuller made his name with Jack's Bistro, which he closed in 2017. After three decades in the restaurant industry, he's ready for some down time. “Time is catching up,” Stelzenmuller, who is in his 50s, told the BBJ's Morgan Simpson. “I feel a little older every day.”

Amtrak seeks properties for tunnel construction

Amtrak wants to use eminent domain statutes to seize control of four properties in Baltimore’s Bridgeview neighborhood to make way for the planned multi-billion-dollar replacement of a passenger rail tunnel that connects Baltimore and Washington, D.C. The National Railroad Passenger Corp., which does business as Amtrak, filed a complaint in U.S. District Court of Maryland Thursday asking the court to grant them possession of four properties in the 1000 block of North Payson Street. The nearly 150-year-old B&P tunnel connects Baltimore’s Penn Station to Washington and Virginia.

Former Strong City CEO pleads not guilty to federal fraud charges

The former CEO of a Baltimore nonprofit pleaded not guilty on Thursday to charges that he misued Covid-19 relief funds. Reginald Davis, 40, former CEO of "Strong City Baltimore" was charged with submitting fraudulent COVID-19 CARES Act loan applications by the federal government. "I feel pretty certain in saying that Mr. Davis's motivation was to fulfill the mission of that organization and was not to enrich himself," said attorney Gerald Ruter, according to a report on WBAL.com . U.S. Attorney for Maryland Erek Barron said Davis stole more than $1 million in funds from the program designed to help struggling businesses.

Henrietta Lacks family sues California pharma firm

The family of Henrietta Lacks continued its fight to recoup profits from companies they say made money off their matriarch's cell line. The family members filed a lawsuit Thursday against a Ultragenyx Pharmaceutical, a publicly traded California pharmaceutical company, saying it was making money from Lacks' HeLa cell line, the Baltimore Sun reports . The lawsuit comes just over a week after the family settled its first case against a biotechnology company under undisclosed terms. The Lacks’ legal team, led by civil rights attorney Ben Crump, is pursuing litigation against companies that used Lack's cells in 1951 while she underwent treatment for cancer at Johns Hopkins Hospital.

Peale celebrates birthday, reopening

The Peale museum marks its first year since reopening and its 209th birthday with a free, celebratory event on Sunday at its 225 Holliday St. home. The museum will debut new exhibitions by Baltimore artists, including The Guardians of Baltimore: Preserving Our Legacy" and "Dark Beauty" by Daisy Brown. The museum was founded in 1814 by artist and gaslight entrepreneur Rembrandt Peale. The museum remained vacant for 20 years before its renovation and grand reopening last year.

Joanna Sullivan, Editor-in-Chief of the Baltimore Business Journal, can be reached at [email protected].

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