$50M Vegas Casino Project Suit Kept Alive By Judge

Law360, New York (July 12, 2013, 3:38 PM EDT) -- A Florida federal judge on Thursday denied a bid by two individuals and affiliated entities to toss Wilmington Trust NA's effort to recover $50 million it won in a suit over a now-bankrupt Las Vegas casino project, finding claims for lack of jurisdiction unconvincing.

Wilmington Trust sought to compel Jeffrey Soffer, Jacquelyn Soffer and several funds related to Turnberry Residential Limited Partner LP to pay a $50 million judgment ordered by a New York appeals panel after two years of litigation over the failure of the...
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