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The Landmark was entangled in a Toledo bankruptcy court in July 1983, at which point Bill Morris, a Las Vegas lawyer, made plans to purchase the resort. [ 125 ] [ 179 ] Morris, also a member of the Las Vegas Convention and Visitors Authority (LVCVA), had previously owned the Holiday Inn Center Strip hotel-casino , as well as the Riverside ...
The Riviera (colloquially, "the Riv") [1] [2] was a hotel and casino on the northern Las Vegas Strip in Winchester, Nevada. [3] It opened on April 20, 1955, and included a nine-story hotel featuring 291 rooms. The Riviera was the first skyscraper in the Las Vegas Valley, and was the area's tallest building until 1956. Various hotel additions ...
[13] [14] In June 2009, the company filed for Chapter 11 bankruptcy protection with a prepackaged plan to hand over ownership to its creditors. [15] [16] The company emerged from bankruptcy in 2010, now owned by a syndicate of lenders led by Bank of America, Wells Fargo, and Sankaty Advisors. In 2011, the company changed its name to Twin River ...
Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.
A Las Vegas nightclub partly owned by "Desperate Housewives" actress Eva Longoria has filed for bankruptcy, claiming a loss of $76,000 per month, The Associated Press reported Friday. Beso, which ...
Protection of assets: In Chapter 13 bankruptcy, individuals can keep their property while creating a manageable repayment plan. Some states also allow exemptions in Chapter 7, protecting specific ...
After objections from bondholders, the plan was revised to give full ownership of the slot route operation to the creditors, leaving the Herbsts with no role in the business. [28] The company, reorganized as Herbst Gaming LLC, emerged from bankruptcy at the end of 2010, owned by a group of approximately 140 investment companies and banks.
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