Wynn Brawl Returns To State Court Despite FCPA Element
By Liz Hoffman
Law360, New York (June 22, 2012, 4:04 PM EDT) -- Wynn Resorts Ltd. on Thursday won an effort to send its breach of fiduciary duty lawsuit against Kazuo Okada, a former vice chairman now locked in a bitter feud with mogul Steve Wynn, back to state court despite the Foreign Corrupt Practices Act issue that had landed it in federal court.
U.S. District Judge Larry Hicks granted Wynn Resorts’ motion to remand the case to Nevada state court, where it was first filed in February. The case had been moved to federal court after Okada argued...