Icahn Sues Tropicana Las Vegas Over Trademark

Law360, New York (August 11, 2010, 5:06 PM EDT) -- Billionaire investor Carl Icahn has launched an adversary proceeding against Tropicana Las Vegas Inc. seeking to establish ownership of the Tropicana trademark for his new purchase, the bankrupt Tropicana Entertainment LLC.

Justin R. Alberto of Bayard PA filed the adversary complaint on behalf of Icahn Agency Services LLC, several related entities and the reorganized Tropicana debtors against Tropicana Las Vegas and Hotel Ramada of Nevada LLC in the U.S. Bankruptcy Court for the District of Delaware on Tuesday.

Icahn is seeking to enjoin the defendants’ “wrongful...
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