Vol. 8 • No. 5 • February 8, 2010 - Print This Issue
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Vol. 8 • No. 5 • February 8, 2010, UNITED STATES GAMING
Station, Lender Agreement Denied
Station Casinos struck a deal with its lenders, agreeing to pay the lenders’ fees if they dropped a request to appoint an independent examiner in the company’s bankruptcy case. Bankruptcy Judge Gregg Zive rejected the deal, citing the exorbitant fees as a detriment to Station’s emergence from bankruptcy.
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