Feb
28
Prominent developer bankruptcy
Filed Under Las Vegas Bankruptcy, Las Vegas Lawyers | Comments Off
Prominent Pahrump developer Hans Seibt is being investigated for criminal charges in connection with his bankruptcy filing, an investigator confirmed this week.
“In a way it’s a Ponzi-like scheme. We’re not sure,” said Bill Holland, a former Las Vegas Metro detective hired by the bankruptcy court to do forensic accounting. Read more
Feb
28
Boyd Gaming goes bankruptcy shopping
Filed Under Las Vegas Bankruptcy, Las Vegas Lawyers | Comments Off
Need a little more than a personal bankruptcy lawyer for this:
Boyd Gaming is offering to purchase Station Casinos as part of a reorganization plan or a bankruptcy auction.
In a letter delivered to Station’s board of directors today, Boyd Chief Executive Officer Keith Smith said his company is prepared to offer about $950 million for most of the company’s casinos, excluding Red Rock Resort, Boulder Station, Palace Station and Sunset Station. Boyd is also interested in purchasing Station’s remaining casinos for a yet-to-be-determined price. Read more
