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Bankruptcy Law

University of Nevada, Las Vegas -- William S. Boyd School of Law

2012

Downturn

Articles 1 - 2 of 2

Full-Text Articles in Law

Introduction: Bankruptcy, Debt & Gaming Law Symposium, Jennifer L. Carleton Apr 2012

Introduction: Bankruptcy, Debt & Gaming Law Symposium, Jennifer L. Carleton

UNLV Gaming Law Journal

An introduction to the symposium issue on Bankruptcy, Debt & Gaming Law.


Gaming Restructuring In Nevada, Jennifer L. Carleton, Andrew D. Moore Apr 2012

Gaming Restructuring In Nevada, Jennifer L. Carleton, Andrew D. Moore

UNLV Gaming Law Journal

In this Article, we examine the various laws and regulations that affect a gaming enterprise debtor and its creditors. We examine various examples of overleveraged gaming companies operating in Nevada and the steps taken to modify these companies’ financial obligations. Our analysis focuses on four gaming companies that filed for bankruptcy protection—Tropicana Entertainment, Station Casinos, Riviera Holdings, and Black Gaming-and three gaming companies that restructured their debt obligations, through differing procedures but without filing for bankruptcy protection—Cosmopolitan, M Resort, and Palms.