Fontainebleau Las Vegas News - Page 13
Businesses file suits claiming Fontainebleau bills went unpaid
22 June 2009
Fontainebleau casino resort tries to reorganize its finances in Miami, as lawsuits over unpaid bills for the project are accumulating in Las Vegas.
Lenders: Cost overruns led to Fontainebleau loan default17 June 2009
Bank lenders publicly disclose why they declared Fontainebleau in default on its construction loan and shut off funding.
Construction halted on Fontainebleau Las Vegas15 June 2009
Constuction on the 24-acre site will be halted while the project is in bankruptcy court.
Australian company writes off Fontainebleau ownership interest10 June 2009
Australian casino resort company writes off its $250 million, 19.6 percent ownership interest in the now-bankrupt Fontainebleau resort development.
Outlook for Fontainebleau slides from bad to worse8 June 2009
Company needs cash — and a leader — at a most difficult time.
Fontainebleau developer lays off 40 employees20 May 2009
The company developing the $2.9 billion Fontainebleau Resort in Las Vegas has laid off about 40 people.
Company ownership idea seeks to spur investment4 May 2009
A proposal to allow institutional investors to own up to 25 percent of a Nevada gaming company without undergoing background checks aims to encourage investment in Nevada casinos.
Fontainebleau work will not stop despite layoffs4 May 2009
Work on the $3.1 billion Las Vegas project will not stop despite layoffs and furloughs last week.
Financing problems lead to Fontainebleau layoffs1 May 2009
Contractors on the $3.1 billion Fontainebleau Las Vegas project have been laying off workers after a cutoff of financing.
Sued by Fontainebleau, banks could cite 'act of God' as defense for refusing funds29 April 2009
Lenders could argue economic downturn fulfills interpretation of termination clause in loan agreement.
Fontainebleau working on funding with bank29 April 2009
Bank of America said that it's negotiating with the developer to help finance the unfinished $3.1 billion project.
Fontainebleau has the cash to keep rising19 January 2009
At a time when some companies are strapped for cash, Fontainebleau Resorts is expected to have enough money to open the $2.9 billion Fontainebleau Las Vegas, as planned, in October.
Beneath its skin, Fontainebleau has something extra for guests' gadgets19 January 2009
Tech geeks at the under-construction Fontainebleau Las Vegas are abuzz over their kind of eye candy.
Moody's downgrades Fontainebleau debt funding7 November 2008
Resort will open on time but bond analyst wary of declining gaming revenue.
Two workers injured at Strip construction site2 October 2008
Two workers on the 63rd floor of the Fontainebleau construction project were injured when they were hit by a large beam this morning.
Fontainebleau stays on course15 April 2008
Progress on the Fontainebleau Las Vegas is proceeding, seemingly unfazed by the financial uncertainties and cost overruns that are plaguing projects such as the Cosmopolitan, Tropicana and the neighboring Crown Las Vegas.
Fontainebleau Resorts and Nakheel announce joint venture9 April 2008
Fontainebleau Resorts reports that Nakheel Hotels has invested $375 million in exchange for a 50% interest in the company's iconic Fontainebleau Miami Beach resort.
Fontainebleau Las Vegas president named8 January 2008
Fontainebleau Resorts, LLC has appointed Audrey Oswell as President & Chief Operating Officer of Fontainebleau Las Vegas.
4 workers hurt in Las Vegas Strip construction site mishap11 December 2007
News Brief: Four construction workers fell while working at a Las Vegas Strip high-rise site.
Fontainebleau plans viewed with wrath18 October 2007
Turnberry residents say they were deceived by the developer of the Fontainebleau resort.
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