fontainebleau
| 1:00PM 1/20/2010
Does anyone want to buy a bankrupt Las Vegas casino? Well, in the case of the Fontainebleau Las Vegas, the answer was an enthusiastic yes, as at least three real estate investors bidded on the property. Billionaire financier Carl Icahn cleared the table with a $156 million offer, leaving San...
| 3:30PM 6/10/2009
On Tuesday, the casino resort developer, Fontainebleau Las Vegas LLC announced that it has filed for Chapter 11 bankruptcy protection.This resulted from the company's failure to get a lender to complete $800 Million of funding for the construction of a $2.9 billion property on the Vegas strip. This...