The docket index is being compiled.
The complete chronological index of the case’s public filings, from the initial complaint forward, is being assembled with docket references and links to the public documents. It will be published here.
Encore is a plaintiff in a federal RICO action pending in the United States District Court for the Middle District of Tennessee, arising from events involving its lender, the seller of Nitetrain, and affiliated parties. That case is Encore’s lead matter, and this page is its public index. Related proceedings are pending in other courts and are not indexed here.
We will not characterize these matters here. The filings are public, and they speak for themselves. Below is a complete chronological index of the case’s public filings, from the initial complaint forward, with docket references, so that anyone can read the record directly.
Encore remains in Nashville, and will see these matters through to sustainable resolutions by the courts.
Encore borrowed from Stonebriar Commercial Finance to acquire Nitetrain Coach. That has never been a secret. What follows is the sequence of events, stated plainly. Where an event is at issue in the pending case, it is stated as alleged in the Complaint.
Encore completes the purchase of Nitetrain Coach: a $100 million transaction covering 123 entertainer coaches, the Old Hickory Blvd real estate, and the stock of the company, all financed with equity investment from the borrower and a loan from our lender, Stonebriar Commercial Finance. The purchase agreement included seller representations and warranties, with approximately 45% of the price structured as holdbacks and seller notes, subordinate to the lender. That is the structure used when a touring fleet cannot be fully inspected between May and August, while the buses are on the road.
Moving into the winter months, Encore launches its post-close fleet audit, the “Fleet Blitz.” The audit identifies significant undisclosed issues with the condition of the fleet, as well as three coach shells on the property that had not been disclosed in the transaction.
Encore begins applying $5 million of the seller’s closing holdback toward the fleet repairs identified in the initial audit.
Encore files a formal indemnification claim of nearly $14 million, with documented damages exceeding $19 million.
Stonebriar Commercial Finance is fully acquired by Eldridge.
After an extended process, led by our lender, Encore and the seller reach a resolution: a one-time $5 million payment cancels $40 million in remaining seller notes.
Following the cancellation of the $40 million in remaining seller notes, Encore delivers a complete loan reconciliation to the lender and requests an in-person meeting to finalize a new loan structure for 2026 and beyond. The meeting is confirmed for the first week of November.
As alleged in the Complaint: instead of the scheduled meeting, the lender, using armed guards, forcibly attempts to take control of the company.
As outlined in the Complaint: operation of the company is handed over to the seller of Nitetrain.
As outlined in the Complaint: revenue has fallen more than 50% year over year, clients have departed, and a thriving business has been damaged. These allegations are now before the court.
The complete chronological index of the case’s public filings, from the initial complaint forward, is being assembled with docket references and links to the public documents. It will be published here.
Follow the record as it develops: The Encore Files on Instagram.
This page is an index of public records provided for reference. It is not a complete docket, is not legal argument, and will be updated as matters proceed. For media inquiries, contact encorepr@thewardorganization.com.