Majestic Star Beats Challenge To Lowered Tax Assessment

Law360, Wilmington (December 11, 2013, 6:02 PM ET) -- A Delaware federal judge on Tuesday dismissed the appeal of an Indiana county seeking to reverse a decision that lowered tax assessments on a pair of Majestic Star Casino LLC properties by more than $100 million, finding that the bankruptcy court committed no errors in doing so.

Lake County's tax assessor had challenged a 2011 ruling that reduced the combined assessment on two Majestic Star riverboat casinos from approximately $110 million to less than $10 million, but U.S. District Judge Leonard P. Stark rejected the argument...
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Case Information

Case Title

In re: Majestic Star Casino LLC et al


Case Number

1:11-cv-01060

Court

Delaware

Nature of Suit

Bankruptcy Appeal (801)

Judge

Leonard P. Stark

Date Filed

November 1, 2011

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