Kazuo Okada, founder of Universal Entertainment Corp., poses for a photograph in Tokyo, Japan, on Friday, Sept. 14, 2018. Okada, who also co-founded Wynn Resorts Ltd., was formerly chairman at Universal Entertainment. Photo: Tomohiro Ohsumi/Bloomberg
When Japanese gaming billionaire Kazuo Okada hired elite litigation boutique Bartlit Beck in 2017, he was in a difficult spot.
For five years, he’d been locked in a billion-dollar battle with Wynn Resorts, which had ousted him from its board and forcibly redeemed his shares. Trial was six months away, and a series of adverse rulings—not to mention a finding of fact by the trial court judge in Nevada that he “was not a credible witness”—left Okada’s prospects for recovery dim.
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