9th Circ. Rules Minority Owner Must Sell Stake In Casino Co.

Law360, Los Angeles (March 6, 2014, 9:15 PM EST) -- The Ninth Circuit on Thursday affirmed a lower court judge's ruling that a minority owner of Silver Slipper Casino Venture LLC is contractually bound to sell its stake in the company following a dispute over the sale of a Mississippi casino, ruling that the judge did not err in refusing to grant the minority owner leave to conduct discovery.

A three-judge panel upheld U.S. Magistrate Judge John E. McDermott's ruling granting summary judgment to plaintiffs Paul Alanis and Jess Ravich, who are representing a group of...
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