|
The company said its Fontainebleau Miami Beach property is not included in or affected by the filing and continues to operate as normal. Turnberry West Construction Inc., the project's general contractor, also is not included in the filing. Fontainebleau has withdrawn its Las Vegas lawsuit against the lenders and refiled the case in U.S. Bankruptcy Court in the Southern District of Florida, Miami, where its Chapter 11 petition was filed. "Fontainebleau Las Vegas will continue to aggressively prosecute claims against these lenders for failing to honor their contractual commitments," said Scott Baena of Bilzin Sumberg, bankruptcy counsel to the company. The other institutions named in the lawsuit are Merrill Lynch Capital Corp., Barclays Bank PLC, Royal Bank of Scotland PLC, Sumitomo Mitsui Banking Corporation New York, Bank of Scotland, HSH Nordbank AG, Camulos Master Fund LP and MB Financial Bank NA.
[Associated
Press]
Copyright 2009 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor