Aussie Gambling Co. Must Face Suit Over Fontainebleau

Law360, New York (May 17, 2013, 4:16 PM EDT) -- A Nevada appeals court refused Wednesday to allow one of Australia's largest gambling companies off the hook in litigation related to the failed $2.9 million Fontainebleau casino project in Las Vegas, forcing the company to battle lenders who say it is partially to blame.

A three-judge panel of the Nevada Supreme Court denied Crown Ltd.'s bid to overturn a lower court's ruling that it must face claims of fraudulent concealment and conspiracy to commit a fraud.

“Having considered the petition, answer, reply and supporting documents, we...
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