Highland Reaches Doc Deal On $560M Vegas Resort Suit

Law360, New York (March 30, 2012, 5:08 PM EDT) -- A Texas federal judge on Friday approved a settlement in a suit that sought to compel Highland Capital Management LP to produce documents in a separate, sprawling fraud case involving a $560 million loan to a bankrupt Las Vegas resort venture.

The judge signed off on a joint motion to dismiss the lawsuit filed by venture partner and hotel development company Transcontinental Corp, asking the court to force the private equity firm to give up certain records that would back up its accusations in a separate...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.