Fontainebleau Las Vegas News - Page 9

The Fontainebleau Las Vegas bankruptcy judge is pushing for a quick sale of the stalled, partially-completed $2.9 billion casino resort on the Las Vegas Strip.

Rather than buy into companies, investors mull buying up debt — with chance of calling shots.

Key lenders file motion urging case be converted to Chapter 7 bankruptcy.

A motion filed by a group of secondary lenders says that finishing the Las Vegas project is "not possible."

Analysts shot down a Wall Street Journal report that said Penn National Gaming was close to buying the bankrupt Fontainebleau project.

At least one unidentified potential buyer is negotiating to take over the bankrupt Fontainebleau hotel-casino development.

Bankrupt Fontainebleau resort suffers legal defeat when judge ruled in favor of banks it is suing on key legal questions.

The troubled Fontainebleau resort — which may not be worth more than the debt accumulated to build the project — is likely to change hands in bankruptcy.

Fontainebleau Las Vegas resort builder Turnberry West Construction Inc. settles complaint by agreeing to a six-month suspension of its license.

Miami Judge grants banks' motion to move Fontainebleau's lawsuit against them from the bankruptcy court to the federal district court in Miami.

With construction halted, Fontainebleau Las Vegas is canceling numerous meetings and conventions scheduled there for the first half of 2010.

Jeffrey Soffer's Turnberry West Construction filed a lawsuit in Florida bankruptcy court against Fontainebleau Las Vegas, which Soffer also owns.

New issue emerges as resort's general contractor asserts it and the resort's subcontractors hold liens superior to those of the Fontainebleau lenders.

Construction superintendent claims he’s not being paid under separation agreement terms.

A group of banks being sued by Fontainebleau Las Vegas say the Strip resort's debt levels would far exceed its market value if it opens next year.

Employees at Fontainebleau Las Vegas have moved into new offices in the city.

Attorneys for the Fontainebleau Las Vegas resort leveled new allegations Wednesday against banks that terminated funding for the $2.9 billion hotel-casino.

Banks say project’s worth would be much less than financing costs.

Speedy construction comes with consequences that help explain bankruptcy court filing by the Fontainebleau resort.

The creditors for Fontainebleau Las Vegas want its restructuring case moved from Miami to Las Vegas.