Steve Green

Story Archive

CityCenter's Beso restaurant could face eviction over finances, attorney says
Wednesday, Feb. 16, 2011
Eva Longoria's Beso restaurant and Eve nightclub on the Las Vegas Strip is in worse financial shape than previously reported and faces eviction if it can't get its finances straightened out.
Ahern Rentals misses $10.9 million interest payment
Wednesday, Feb. 16, 2011
Struggling with debts and liabilities totaling more than $648 million, Las Vegas-based construction industry supplier Ahern Rentals Inc. said it did not make a $10.9 million interest payment that was due Tuesday.
Righthaven appealing fair-use ruling in copyright infringement case
Tuesday, Feb. 15, 2011
Las Vegas copyright enforcement company Righthaven LLC is asking the 9th U.S. Circuit Court of Appeals to overturn an order dismissing one of its lawsuits on fair use grounds.
Round Table Pizza says Las Vegas stores unaffected by bankruptcy
Monday, Feb. 14, 2011
Among the latest victims of the recession is Round Table Pizza Inc., which filed for Chapter 11 bankruptcy reorganization last week.
Inspirada developer appeals bankruptcy ruling
Monday, Feb. 14, 2011
The homebuilder group developing Henderson's Inspirada planned community has appealed a court ruling putting their company, South Edge LLC, into Chapter 11 bankruptcy.
MGM Resorts narrows loss in fourth quarter to $139 million
Monday, Feb. 14, 2011
MGM Resorts International says it narrowed its loss for the fourth quarter, though the company saw casino revenue and room revenue decline.
Q&A: Sean McGuinness
Monday, Feb. 14, 2011
Gaming companies large and small have plenty of financial, legal and regulatory issues to deal with — and attorneys are usually front and center in the decision-making progress.
Owner of unfinished Wyndham hotel files for bankruptcy
Sunday, Feb. 13, 2011
The owner of an unfinished Las Vegas hotel filed for bankruptcy reorganization Friday to restructure debt and liabilities of nearly $9.5 million.
Righthaven files first judgment motion, demands cash and domain name
Saturday, Feb. 12, 2011
A development in the Righthaven newspaper copyright infringement lawsuit campaign may generate some guidance on what damages Righthaven is entitled to collect from its lawsuits and whether it can seize the websites of lawsuit defendants.
Legal battle heats up between Las Vegas Sands, fired Macau executive
Friday, Feb. 11, 2011
New pieces of information have surfaced in a lawsuit between Las Vegas Sands Corp. and its fired CEO in Macau, Steve Jacobs.
Judge refuses to dismiss Righthaven suit against California real estate agent
Friday, Feb. 11, 2011
Las Vegas copyright enforcement company Righthaven LLC received a boost this week when a federal judge refused to dismiss a lawsuit it filed against a Southern California real estate agent.
Moody's notes strong earnings in Las Vegas Sands upgrades
Thursday, Feb. 10, 2011
Citing solid fourth quarter earnings Moody's Investors Service today upgraded key Las Vegas Sands Corp. debt ratings.
Agreement with lenders gives Hard Rock time to deal with debt
Thursday, Feb. 10, 2011
The owner of the Hard Rock Hotel said it's reached a "standstill" agreement with lenders that extends through Feb. 28.
Wynn Resorts swings to profit in fourth quarter
Thursday, Feb. 10, 2011
Wynn Resorts Ltd. of Las Vegas today posted a fourth-quarter profit, reversing a loss in the year-ago quarter, thanks to revenue increases in Macau and Las Vegas.
Las Vegas casino operator sues over 'ace' trademark
Thursday, Feb. 10, 2011
The fast-growing Ace Hotel chain says a Las Vegas-based casino operator is infringing on its trademarks by calling its gamblers rewards programs “ace PLAY” and “ace STAY.”
Ultimate Electronics to close all stores, including 2 in Las Vegas
Tuesday, Feb. 8, 2011
The owner of Ultimate Electronics, which filed for bankruptcy Jan. 26, has asked the bankruptcy court in Delaware for permission to close all 46 of its stores, including two in Las Vegas.
New round of Righthaven suits over 'TSA pat-down' photo prompts surprise
Tuesday, Feb. 8, 2011
Website operators and commentators are expressing surprise and skepticism about the latest batch of copyright infringement lawsuits filed by Righthaven LLC of Las Vegas, all over the same Denver Post "enhanced TSA pat-down" photo.
Righthaven hits white supremacist David Duke with copyright lawsuit
Monday, Feb. 7, 2011
David Duke, the nation's best-known white supremacist, is being sued by Las Vegas copyright enforcement company Righthaven LLC.
FDIC sues developer Jim Rhodes over real estate loan
Monday, Feb. 7, 2011
The Federal Deposit Insurance Corp. is suing Las Vegas developer Jim Rhodes to enforce a personal guarantee for a soured real estate loan. The FDIC, receiver for the failed Community Bank of Nevada, sued Rhodes last week in Clark County District Court.
Hard Rock foreclosure sale rescheduled
Friday, Feb. 4, 2011
The proposed foreclosure sale of the Hard Rock hotel-casino in Las Vegas has been rescheduled from Monday to Tuesday — assuming a New York state judge in Manhattan allows the foreclosure to proceed.
Judge approves bankruptcy petition filed against Inspirada developers
Friday, Feb. 4, 2011
Bankruptcy Judge Bruce Markell in Las Vegas on Thursday approved the involuntary bankruptcy petition filed by banks against South Edge LLC, developer of Henderson's Inspirada planned community
Gamblers strike out in suits tied to Las Vegas casino markers
Friday, Feb. 4, 2011
With the Super Bowl comes plenty of betting on the game — and the annual reminders about gambling responsibly. Two little-noticed court decisions, from 2010 and this year, illustrate the potential consequences of gamblers getting in too deep.
Bank subsidiary suing over back fees on foreclosures
Friday, Feb. 4, 2011
A Bank of America subsidiary is suing scores of Southern Nevada homeowner associations, their trustees and collection agencies in yet another dispute over foreclosures, HOA assessments and collection fees.
Gaming officials schedule special meetings for Hard Rock
Thursday, Feb. 3, 2011
State gaming regulators have scheduled special meetings for Tuesday in Carson City to deal with the Las Vegas Hard Rock hotel-casino, should a lender succeed in foreclosing on the property.
Las Vegas Sands swings to profit in 4Q on cost-cutting
Thursday, Feb. 3, 2011
Las Vegas Sands Corp. on Thursday reported the first fourth quarter 2010 results among Las Vegas Strip casino operators, and they showed strong gains thanks to cost-cutting.
Lender: Operator lined up if Hard Rock Hotel enters foreclosure
Thursday, Feb. 3, 2011
The lender trying to foreclose on the Hard Rock Hotel says it expects to receive approval for the foreclosure and -- if it forecloses -- it has lined up a company to run the property.
Bally Technologies sees drop in quarterly profit
Wednesday, Feb. 2, 2011
Casino supplier Bally Technologies Inc. of Las Vegas today said revenue and profit fell in its second quarter ending Dec. 31 as casinos ordered fewer slot machines.
Debt-rating agency says Cosmopolitan will drive demand on Strip
Wednesday, Feb. 2, 2011
The new Cosmopolitan casino-resort on the Las Vegas Strip may be hurting competitors, but overall it's good for the city. That's according to Fitch Ratings, which on Tuesday issued its 2011 forecast for the gaming industry.
Hard Rock Hotel files lawsuit over lender's foreclosure plans
Wednesday, Feb. 2, 2011
A company trying to foreclose on the Hard Rock Hotel has no right to do so and is trying to gain a tactical advantage over more senior creditors, the casino charges in a new lawsuit.
MGM Resorts resumes employee 401(k) matches
Tuesday, Feb. 1, 2011
MGM Resorts International, Southern Nevada's largest private employer, today said it will immediately resume matching payments to eligible employees participating in the firm's 401(k) Savings Plan for 2011.
'TSA pat-down' photo draws more Righthaven copyright lawsuits
Tuesday, Feb. 1, 2011
Operators of a website called thoushaltnotsteel.com are among the latest to be hit with a Righthaven LLC lawsuit alleging copyright infringement.
3 commercial real estate companies file for bankruptcy
Monday, Jan. 31, 2011
Three affiliated Las Vegas companies filed for Chapter 11 bankruptcy reorganization on Friday to restructure $16.1 million in debt related to commercial real estate developments. The filings were made by ALEC4 LLC, NASDAQ5 LLC and NICK3 LLC.
Judge overturns order, allows 8,900 Nevada foreclosures to resume
Monday, Jan. 31, 2011
A Bank of America subsidiary can resume work on thousands of foreclosures in Nevada after a federal judge on Monday dissolved a restraining order against the foreclosures statewide issued by a Nye County District Court judge. The Nye County order was overturned Monday by Chief U.S. District Judge for Nevada Roger Hunt. A ruling by Nye County Judge Robert Lane on Jan. 20 had halted work on foreclosures.
Flood of Righthaven copyright lawsuits lifts total to 225
Friday, Jan. 28, 2011
Las Vegas company Righthaven LLC this week flooded the federal court in Colorado with a dozen more lawsuits alleging copyright infringement by website operators -- all over the same Denver Post "TSA enhanced pat-down" photo.
Bank of America: Overturn order halting 8,900 Nevada foreclosures
Friday, Jan. 28, 2011
Bank of America says a Nye County judge's order blocking foreclosures throughout Nevada by a subsidiary has halted progress on more than 8,900 foreclosures -- and it wants the order overturned.
Former exec at failed Silver State Bank linked to $10 million in losses
Friday, Jan. 28, 2011
Regulators today disclosed enforcement actions against a former executive at the failed Silver State Bank of Henderson, charging him with misconduct and associating him with bad loans that cost the Southern Nevada real estate lender more than $10 million.
Moody's says Herbst Gaming debt rating outlook stable, despite challenges
Thursday, Jan. 27, 2011
Herbst Gaming of Las Vegas continues to face financial challenges after emerging from bankruptcy, but its debt rating outlook is stable, Moody's Investors Service said today.
Bank of Nevada owner says loss narrowed in fourth quarter
Wednesday, Jan. 26, 2011
Regional bank operator Western Alliance Bancorporation, owner of Bank of Nevada, today said its fourth quarter loss narrowed as loan losses declined.
Texas company sues Las Vegas Sands over rights to 'Palazzo' name
Wednesday, Jan. 26, 2011
Another trademark infringement lawsuit has been filed in a dispute between the Palazzo resort on the Las Vegas Strip and a Texas clothing company. On Tuesday, Palazzo Design Corp. sued Las Vegas Sands in federal court in Houston.
Bank of America seeks to overturn freeze on foreclosures
Wednesday, Jan. 26, 2011
Attorneys for Bank of America moved Tuesday to overturn a court ruling from Nye County blocking foreclosures statewide by Bank of America subsidiary ReconTrust Company N.A.
S&P report shows Las Vegas home prices hit new lows amid recession
Tuesday, Jan. 25, 2011
After bouncing up and down in recent months, Las Vegas-area home prices in November slid to a new low during this recession.
Blogger, websites sued by Righthaven over 'TSA enhanced pat-down' photo
Monday, Jan. 24, 2011
Four website owners and a blogger are the defendants in four new copyright infringement lawsuits filed by Righthaven LLC of Las Vegas.
Caesars Entertainment sues man over $140,247 gambling debt
Sunday, Jan. 23, 2011
Caesars Entertainment Corp. of Las Vegas is suing another bankrupt customer, charging he signed gambling markers at four casinos totaling $140,247 that turned out to be worthless.
Four more copyright lawsuits filed over photo
Saturday, Jan. 22, 2011
Just as it’s a lightning rod for controversy, the Transportation Security Administration may turn into a litigation gold mine for Las Vegas newspaper copyright enforcement company Righthaven LLC.
UFC owner sues over unauthorized uploading of fight video
Friday, Jan. 21, 2011
Zuffa LLC of Las Vegas, owner of the Ultimate Fighting Championship, filed a federal lawsuit Friday against Justin.tv Inc. over what the UFC calls Justin.tv’s “ongoing failure to meaningfully address the rampant and illegal uploading” of video of live pay-per-view UFC events.
Las Vegas attorney: Bank of America deceived him over loan modification
Friday, Jan. 21, 2011
Bank of America faces another lawsuit in Las Vegas alleging it deceived a homeowner about a loan modification -- the homeowner in this case being prominent Las Vegas attorney Matthew Callister.
Cupcakery owner hoping for an end to trademark disputes
Thursday, Jan. 20, 2011
Pamela Jenkins, owner of the three Cupcakery shops in the Las Vegas area, says she's tired of lawsuits and just wants to create and sell cupcakes. Jenkins issued a statement Wednesday denying the allegations in his latest suit.
Website owner pushes back against Righthaven with counterclaim
Thursday, Jan. 20, 2011
Another website owner is fighting back against newspaper copyright enforcement company Righthaven LLC, counter-suing the Las Vegas firm and charging it sues first and asks questions later.
Wynn nightclub workers say management committed to tip-sharing
Thursday, Jan. 20, 2011
When it comes to Wynn Las Vegas nightclub workers having to share tips with managers, employees say the casino’s attitude about the arrangement is that it’s never going to change.
Business bankruptcy filings continue to pile up in valley
Wednesday, Jan. 19, 2011
The Las Vegas commercial real estate market remains troubled as the recession persists locally — and that’s reflected in three new bankruptcy filings in 2011.
Among the latest to file for bankruptcy was Vegas Tomatoes Inc., which filed for Chapter 7 liquidation on Jan. 12 in U.S. Bankruptcy Court for Nevada.