Bankrupt Fla. Casino Gets Deadline For Stalking Horse Deal

Law360, Miami (December 11, 2013, 7:56 PM EST) -- A Florida bankruptcy judge set a Monday deadline for the bankrupt owner of Casino Miami Jai Alai and a casino operator to agree on a stalking horse bid after they failed to strike a deal in time for a Wednesday hearing that was set to approve procedures for a March auction.

Florida Gaming Centers Inc. had said in its Nov. 25 motion seeking approval of sale procedures that it expected to file an asset purchase agreement ahead of the parties' appearance before U.S. Bankruptcy Judge Robert...
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