Posts Tagged ‘Creditors’
Station Casinos settles with creditors over bankruptcy plan
Station Casinos Inc. of Las Vegas has settled with a second group of creditors that had been fighting its bankruptcy reorganization plan, likely keeping the plan on track for approval next week.
Judge orders mediation for Texas Rangers, lenders (AP)
AP - A federal bankruptcy judge ordered the Texas Rangers and their angry creditors into mediation Thursday, pushing any resolution of the long-delayed sale dangerously close to a deadline that could be crucial to the team's playoff hopes. View full post on Yahoo! News: Sports News
Judge OKs Station Casinos’ plan to sell 11 casinos
RENO – A federal bankruptcy judge has approved plans by Station Casinos to auction off 11 of its gambling properties to satisfy some creditors.
Boyd Gaming objects to Station Casinos reorganization plan
Boyd Gaming and certain creditors filed new objections Wednesday to Station Casinos Inc.'s bankruptcy reorganization plan as legal wrangling intensified.
Key lenders agree to Station Casinos reorganization plan
Station Casinos Inc. of Las Vegas today said certain creditors have agreed to support a plan in which the Fertitta family, Colony Capital and key lenders would control the entire company.
Riviera stays mum on report of Starwood takeover
Riviera Holdings Corp. of Las Vegas reiterated Friday that it’s in talks with creditors about restructuring its debt – but continued to avoid comment on whether Starwood Capital Group LLC is preparing to take over Riviera through a prepackaged bankruptcy.
Debt-free, Tropicana sees light after bankruptcy
Less than two years after its bankruptcy filing, Tropicana Entertainment’s debt has been wiped clean, and the company’s new owner, billionaire Carl Icahn, is injecting $150 million to pay creditors and upgrade properties.
Over creditor objections, bankruptcy judge OKs Station rent agreement
RENO — Despite objections from creditors, a federal bankruptcy judge has approved a plan to reduce rent Station Casinos Inc. pays to lease from itself four of its most valuable hotel-casinos as the company tries to work out a reorganization plan.
Fontainebleau retail component seeks bankruptcy protection
The retail portion of the idled Fontainebleau Las Vegas casino resort filed for bankruptcy protection Wednesday -- introducing a new set of creditors and controversies to the massive case.
Culinary Union statement critical of Station Casinos
The Culinary Union issued a statement Thursday critical of Station Casinos Inc. and called on creditors in its bankruptcy case to demand that Station insiders make a significant equity investment in the company.