Aurelius, Icahn Gain Entry To Fontainebleau Dispute

Law360, New York (January 20, 2010, 6:22 PM EST) -- A federal judge has allowed Aurelius Capital Management LP and Icahn Nevada Gaming Acquisition LLC to intervene in a case challenging a bankruptcy court’s orders on debtor-in-possession financing and cash collateral issues in Fontainebleau Las Vegas Holdings LLC’s Chapter 11 proceeding.

Judge Cecilia M. Altonaga of the U.S. District Court for the Southern District of Florida on Tuesday determined that the requirements to intervene were met by Aurelius, a holder of $199 million in term loans that was involved in negotiations leading to the imminent sale...
To view the full article, register now.