Over the past few months it seems like Las Vegas real estate projects and litigation have gone hand-in-hand.
In April, Marc Kasowitz of New York’s Kasowitz, Benson, Torres & Friedman filed a 22-page complaint against an array of big banks on behalf of Fontainebleau Resorts, which was seeking to complete an abandoned Las Vegas resort project. The suit claimed that the banks reneged on loan agreements necessary to fund a revolving credit facility for the resort’s construction.
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