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Fontainebleau Files Lawsuite against Lenders

April
24th
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Review Journal Exerpt: The Fontainebleau late Thursday filed a $3 billion lawsuit against a group of lenders, claiming the banks were reneging on the loan agreements. Fontainebleau Resorts, which owns the Las Vegas project and is controlled by Miami-based developer Jeffery Soffer, admitted in the statement that the banks’ actions could jeopardize completion of the project.  (more)


date Posted on: Friday, April 24, 2009 at 12:16 pm
Category Las Vegas Real Estate.
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