Judge Knocks Most Investor Claims In $1B Vegas Project Suit

Law360, New York (August 1, 2012, 2:41 PM EDT) -- A New York state judge on Monday dismissed a slew of counterclaims, except for breach of contract, brought by two investors against NAMA Holdings LLC over allegedly falsely promising to help fund a phase of a $1 billion Las Vegas retail development.

Judge Eileen Bransten threw out claims of breaching fiduciary duty, aiding and abetting the breach of fiduciary duty, fraud and intentional interference with contractual relations that had been lodged by individual investors Shawn Samson and Jack Kashani against investor group NAMA and two of...
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