Hooters Casino Bankruptcy Auction Gets Judge's OK

Law360, New York (January 12, 2012, 5:55 PM EST) -- A Nevada bankruptcy judge on Wednesday gave the owners of the Hooters Casino Hotel in Las Vegas conditional approval for a disclosure statement that would pave the way for the owners to auction off the property in March.

A final hearing on the disclosure statement and approval for the owners' Chapter 11 plan it accompanies will be held March 2, Judge Bruce A. Markell wrote in the order.

The preliminary approval comes a little over one week after the owners of the financially underwater Hooters Casino Hotel...
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